Thursday, October 15, 2026

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USD/MXN near 2015 high on dashed hopes for early Banxico hike

Source: Thomson Reuters Mexico econ activity came in below forecast y/y, likely to keep Banxico on hold Dashed hopes for early rate hike lifted USD/MXN near 2015 high USD/MXN rising with 10-DMA (15.3382), eyes recent hig…

By Jay L. Zagorsky
1 min read
USD/MXN near 2015 high on dashed hopes for early Banxico hike
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Source: Thomson Reuters


  • Mexico econ activity came in below forecast y/y, likely to keep Banxico on hold

  • Dashed hopes for early rate hike lifted USD/MXN near 2015 high

  • USD/MXN rising with 10-DMA (15.3382), eyes recent high by 15.4920

  • Above 15.4920 eyes upper 21-d Bolli/Mar 13 high area (15.5630), then all-time high by 15.6690

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