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USD/MXN edges down from multi-year highs on upbeat Mex CPI data

Monday, March 9, 2015 2:48 PM UTC

Source: Thomson Reuters

USD/MXN off multi-year highs after Mex CPI data beats forecast, core +0.34% v 0.37% consensus
Pair remains elevated, June US rate liftoff weighs on peso, Mexico expected to lift rates with US
USD/MXN resistance at 15.5290 today's high, 15.5990 '0909 high, 15.6762 CB level
Support lies at 15.4584 10-HMA, 15.3978 hourly pivot

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USD/MXN edges down from multi-year highs on upbeat Mex CPI data

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