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USD/MXN slips to session lows by 15.50

Wednesday, March 11, 2015 3:46 PM UTC

Source: Thomson Reuters

USD/MXN bounces near hourly pivot support by 15.5077 after Banxico announces USD liquidity
Liquidity program to be re-evaluated Jun 8, just ahead of expected US rate liftoff
CB wary of weak peso-related inflation, MXN -16% since end of US QE in Oct
USD/MXN resistance at 15.5900 hourly high, 15.6142 21-HMA, 15.6690 today's high
Support lies at 15.5077 hourly pivot support, 15.4169 100-HMA

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USD/MXN slips to session lows by 15.50

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