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USD/MXN higher, CPI beat lifts USD, Yellen speech up next

Friday, May 22, 2015 1:15 PM UTC

Source: Thomson Reuters

US CPI beat lifts USD broadly, USD/MXN edges higher
RM/levered accounts exiting USD/MXN shorts ahead of US holiday weekend
USD/MXN resistance at 15.3565 trend channel top, Banxico offer 15.4611 caps
Support 15.2726 daily pivot resistance (former resistance)
Oil/USTs highly correlated with USD/MXN fall, Yellen speech up next
Despite 'unlikely' June liftoff, market eyes hikes down road in '15

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USD/MXN higher, CPI beat lifts USD, Yellen speech up next

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