Friday , 22 November 2024
Home Forex Mexican Peso weakens on domestic woes, technicals favor short-positioning
Forex

Mexican Peso weakens on domestic woes, technicals favor short-positioning

The Mexican Peso (MXN) is falling in its key pairs on Friday as the currency suffers from political risk premia, the outlook for the domestic economy and as chart technicals favor short-positioning.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Just over half of economists surveyed expect the Bank of Japan to hike rates in December

Survey on what to expect from the Bank of Japan conducted by...

European Central Bank President Lagarde, plus Nagel & Schnabel (& others) speaking Friday

Another packed agenda of European Central Bank speakers today. Times below are...

Swiss National Bank Chairman of the Governing Board, Martin Schlegel, speaking Friday

1230 GMT / 0730 US Eastern time: Speech by SNB’s Chairman of...

Trump Considers Warsh Serving as Treasury Secretary—and Then Fed Chair

Wall Street Journal (gated) report:Trump has floated selecting financier Kevin Warsh as...