5 Jun 2015
USD/MXN posts all-time highs on NFP
FXStreet (Edinburgh) - The greenback keeps pushing higher vs. its neighbour south of the Rio Grande, lifting USD/MXN to historic tops near 15.80.
USD/MXN appreciates following US data
The pair advanced to all-time peaks near 15.80 after solid figures from US Payrolls during May boosted the demand for the dollar. The greenback is intensifying its upside momentum now, as traders commenced to factor in the possibility of a rates lift-off during the present year.
USD/MXN key levels
The pair is now advancing 1.20% at 15.7253 with the next resistance at 15.8000. On the other hand, the initial support lines up at 15.4868 (low Jun.4) followed by 15.41111 (low Jun.3) and finally 15.3826 (low Jun.2).
USD/MXN appreciates following US data
The pair advanced to all-time peaks near 15.80 after solid figures from US Payrolls during May boosted the demand for the dollar. The greenback is intensifying its upside momentum now, as traders commenced to factor in the possibility of a rates lift-off during the present year.
USD/MXN key levels
The pair is now advancing 1.20% at 15.7253 with the next resistance at 15.8000. On the other hand, the initial support lines up at 15.4868 (low Jun.4) followed by 15.41111 (low Jun.3) and finally 15.3826 (low Jun.2).