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USD/MXN - US Dollar Mexican Peso

Real-time Currencies
Currency in
MXN
Disclaimer
16.9697
+0.0307(+0.18%)
Real-time Data

USD/MXN Discussions

Big wall on 17.96 and 18.00 after that till 18.22 can go easy
And then it can go to 19, and then to 20
seriously, stop dropping so much!!!
Let's go back to 18, come on
enough with the nosedives already!!!
And let's stop the long-term downtrend – staying between high 17's and 19 or a long-term uptrend
Mexico takes over part of Grupo Mexico railway, one of the bidders to acquire U.S. Citigroup Inc's retail banking arm in Mexico, putting that transaction at risk and increasing risk aversion regarding Mexico's policies and sending the USD/MXN higher
Alright, 17.90 now, let's keep this rally going
go down!!!
STOP DROPPING!!!!
Good, it's back in the 17.8's. Now lwt's see if it can go back to 18 and remain above that level for the rest of the year. Preferably go to 19 or even 20.
Come on USD, go up. Let's go back to 18
Go up USD
If only cheering did something...
15on the card
¡Ay Caramba!
Banxico announce the stop in the rates at 11.25%, now mexican peso can go up to 17.94. and then 18.5, let´s see in the coming days....
22 May - >17.94 😂
STOP DROPPING!!!
come on, go back to 18
why keep dropping?
Banxico is expected to leave the interest rate unchanged today, even ending the current bullish cycle after 15 rate hikes since 2021.
this peso is crazy.
H4 EMA50 breached, fixing half here to reenter below, final tp h8 ma50. Good luck!
TP hit, probably will rise more, but fixing safe tp here.
Is this website triggering avast antivirus for anyone else?
not for me
something is, but now that you mentioned it you got me thinking
When I say it is overvalued, because mexico GDP is still lower than pre COVID levels! It is still far less than its peak 8years ago! Just carry trading is pushing... Economically it is where a decade ago!
With a leftist populist president and next year election, they just want to keep usdmxn down and rant for dollar every day and laugh. But this is just good for president, and his populist party, economy is hurting every day. And this suppress will lead to another usd jump and new highs again in next months or
The 11% credit/loan rate will destroy startups and new companies, people. The must cut rate, in long term this overvalued peso will destroy exports and economy and less appetite for
Industrial production increase in Q1. in which indicator economy is slowing?. Also this 11% rate is no for the whole life. Banxico rate is 3% in inflation....we are far of this rate.
The pace is slowing every month, production was due to us economy and Americans demand not domestic, so any global or usa recession means worse situation, production increase can not continue every month higher and higher,
All we know mexico is us dependent, is not new since 1990, so.....
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