- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USDMXN rises to highest level in three days near 19.50 on a stronger Dollar
USDMXN rises to highest level in three days near 19.50 on a stronger Dollar
- Mexican Peso erases weekly gains versus US Dollar.
- A decline in equity markets weighs on emerging market currencies.
- Slides in USDMXN seem limited while above 19.30.
The USDMXN rose from 19. 30 and peaked at 19.47, the highest level in three days during Thursday’s American session, boosted by a stronger US Dollar and a deterioration in risk sentiment.
US Dollar up across the board
Economic data from the US released on Thursday showed an unexpected decline in the Philly Fed to -19.4 in November from -8.7. In a different report, Continuing Jobless Claims rose to the highest level since April. Housing Starts and Building Permits dropped in October, although numbers came in above expectations.
The Dollar Initially it dropped but then recovered strength boosted by higher US yields and also risk aversion. In Wall Street, the Dow Jones is falling by 0.60%, the Nasdaq drops by 0.80% and the S&P 500 by 0.98%. The deterioration in risk sentiment weighs on emerging market currencies with the Mexican Peso no among the worst performers.
Trend still favors the MXN
Despite rising on Thursday, USDMXN remains with a bearish bias. In the short-term it continues to consolidate after finding support above 19.30. A firm break lower would open the doors to further losses targeting 19.15 initially and then 19.00/05.
On the upside, initial resistance emerges at 19.50 and then a stronger area at 19.60. A daily close above would alleviate the bearish bias, suggesting a test of 19.80.
Technical levels
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
