Mexican Peso rallies for the second straight day amid soft US ADP jobs data
- ByFXStreet-
Mexican Peso (MXN) gains traction against the US Dollar (USD) as the soft-landing narrative takes place in the financial markets.
Mexican Peso (MXN) gains traction against the US Dollar (USD) as the soft-landing narrative takes place in the financial markets.
MEXICO CITY - The Mexican peso showed signs of stabilization on Tuesday, trading near 17.47 against the US dollar, a slight increase of .14%. Investors are closely monitoring...
Mexican Peso (MXN) falls on Tuesday, extending its losses against the US Dollar (USD) in the early morning North American session after the USD/MXN briefly tested the 200-day...
Ahead of tomorrow's US jobs data release, the short-term highlight in the FX market is the continued outperformance of the yen. This has nothing to do with a risk-averse...
The USD/MXN pair extends its downside around 17.51 during the Asian session on Friday.
USD/MXN snaps a three-day losing streak, trading higher around 18.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Buy | Strong Buy | Strong Buy | Sell | Strong Sell |
| Technical Indicators | Strong Buy | Strong Buy | Strong Buy | Strong Buy | Strong Sell |
| Summary | Strong Buy | Strong Buy | Strong Buy | Neutral | Strong Sell |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Three Outside Down Bearish | 1M | Current | |||
| Engulfing Bullish | 15 | Current | |||
| Harami Bullish | 1D | Current | |||
| Completed Patterns | |||||
| Engulfing Bearish | 1M | 1 | Nov 23 | ||
| Three Inside Up | 1D | 3 | Dec 04, 2023 | ||
| Engulfing Bearish | 1D | 4 | Dec 01, 2023 | ||
Exchange | Last | Bid | Ask | Volume | Change % | Currency | Time | ||
|---|---|---|---|---|---|---|---|---|---|
Real-time Currencies | 17.3344 | 17.3311 | 17.3376 | 0 | +0.44% | MXN | |||
| 17,322.00 | 0.00 | 0.00 | 53 | -0.90% | MXN |
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Thursday, December 7, 2023 | ||||||
| 00:30 | USD | 1.30% | 1.20% | 1.20% | ||
| 20:00 | MXN | 0.30% | 0.39% | |||
| 20:00 | MXN | 0.72% | 0.38% | |||
| 20:00 | MXN | 4.40% | 4.26% | |||
| 20:00 | MXN | 5.34% | 5.50% | |||
| 20:00 | MXN | 1.30% | ||||
| 20:00 | MXN | 0.50% | ||||
| 20:30 | USD | 36.836K | ||||
| 20:30 | USD | 8.80% | ||||
| 21:30 | USD | 1,910.00K | 1,927.00K | |||
| 21:30 | USD | 222.00K | 218.00K | |||
| 21:30 | USD | 220.00K | ||||
| 23:00 | USD | -0.20% | 0.20% | |||
| 23:00 | USD | 2.20% | ||||
| 23:30 | USD | -105.00B | 10.00B | |||
| Friday, December 8, 2023 | ||||||
| 00:30 | USD | 5.29% | ||||
| 00:30 | USD | 5.28% | ||||
| 00:30 | USD | 1.30% | 1.30% | |||
| 04:00 | USD | 9.00B | 9.06B | |||
| 05:30 | USD | 7,796.00B | ||||
| 05:30 | USD | 3.395T | ||||
| 21:30 | USD | 4.00% | 4.10% | |||
| 21:30 | USD | 0.30% | 0.20% | |||
| 21:30 | USD | 34.30 | 34.30 | |||
| 21:30 | USD | 51.00K | ||||
| 21:30 | USD | 30.00K | -35.00K | |||
| 21:30 | USD | 180.00K | 150.00K | |||
| 21:30 | USD | 62.70% | ||||
| 21:30 | USD | 153.00K | 99.00K | |||
| 21:30 | USD | 7.20% | ||||
| 21:30 | USD | 3.90% | 3.90% | |||
| 23:00 | USD | 4.50% | ||||
| 23:00 | USD | 3.20% | ||||
| 23:00 | USD | 56.80 | ||||
| 23:00 | USD | 62.00 | 61.30 | |||
| 23:00 | USD | 68.30 | ||||
Federal Reserve(FED) | ||
| Current Rate | 5.50% | |
| Chairman | Jerome H. Powell |
Bank of Mexico(BdeM) | ||
| Current Rate | 11.25% | |
| Chairman | Victoria Rodriguez Ceja |