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USD/MXN moves lower on possible Greek deal

  • USD/MXN opens NorAm by 15.4840, slips with broad market on Greek deal talk

  • USD/MXN finds support ahead of 55-HMA (15.4177), minor Fib at 15.4089

  • Momentum with USD bulls, US rate sentiment, US-MX 5-yr yield diffs narrow

  • Resistance at 15.54 Mon high, CB offer by 15.72

  • RM buys USD v MXN-EM, Corps on bid as well stops run above 15.50 Mon

  • May pvt sector analyst survey likely sees low inflation/growth, steady rates

  • Market Data
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