27 Apr 2015
USD/MXN within range post-data
FXStreet (Edinburgh) - The Mexican peso is losing some ground vs. its neighbor on Monday, with USD/MXN advancing to the 15.40 area.
USD/MXN muted on Mexican data
The pair remained posted little reaction after the unemployment rate ticked lower to 3.86% during March vs. 4.20% expected. Further data showed that the trade surplus shrink a tad to $0.48 billion during the last month, down from February’s $0.558 billion.
Ahead in the session Markit’s Services PMI is due in the US economy followed by the Manufacturing Business Index tracked by the Dallas Fed.
USD/MXN key levels
At the moment the pair is advancing 0.09% at 15.3958 with the next resistance at 15.4822 (high Apr.23) ahead of 15.4918 (high Apr.21). On the flip side, a break below 15.2898 (low Apr.23) would expose 15.1178 (low Apr.17).
USD/MXN muted on Mexican data
The pair remained posted little reaction after the unemployment rate ticked lower to 3.86% during March vs. 4.20% expected. Further data showed that the trade surplus shrink a tad to $0.48 billion during the last month, down from February’s $0.558 billion.
Ahead in the session Markit’s Services PMI is due in the US economy followed by the Manufacturing Business Index tracked by the Dallas Fed.
USD/MXN key levels
At the moment the pair is advancing 0.09% at 15.3958 with the next resistance at 15.4822 (high Apr.23) ahead of 15.4918 (high Apr.21). On the flip side, a break below 15.2898 (low Apr.23) would expose 15.1178 (low Apr.17).