Friday, October 16, 2026

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USD/MXN higher on weak oil, market eyes mid-yr US hike

USD/MXN rallies on weak oil, UST yields rise, market eyes mid-yr US hike Banxico in the market sold USD by Thurs lows at 15.3606, program likely too small to impact USD/MXN support at 15.4822 former daily pivot resistanc…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/MXN rallies on weak oil, UST yields rise, market eyes mid-yr US hike

  • Banxico in the market sold USD by Thurs lows at 15.3606, program likely too small to impact

  • USD/MXN support at 15.4822 former daily pivot resistance, 15.3778 minor Fib

  • Resistance at 15.5560 today's high, 15.6282 upper 21-d Bolli, 15.6313 CB level

  • Mex IP Rtrs forecast +0.53% m/m, Mex holiday Mon may see USD longs lighten

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