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USD/MXN near 2015 high on dashed hopes for early Banxico hike

Thursday, April 23, 2015 1:55 PM UTC

Source: Thomson Reuters

Mexico econ activity came in below forecast y/y, likely to keep Banxico on hold
Dashed hopes for early rate hike lifted USD/MXN near 2015 high
USD/MXN rising with 10-DMA (15.3382), eyes recent high by 15.4920
Above 15.4920 eyes upper 21-d Bolli/Mar 13 high area (15.5630), then all-time high by 15.6690

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USD/MXN near 2015 high on dashed hopes for early Banxico hike

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