USD/MXN plunges below 18.5000 on Fed’s decision, Powell’s comments
- ByFXStreet-
The USD/MXN drops to fresh 7-days lows at 18.3777 following the US Federal Reserve’s (Fed) decision to raise rates as expected by 25 bps, in a perceiv
Symbol | Exchange | Currency |
|---|
The USD/MXN drops to fresh 7-days lows at 18.3777 following the US Federal Reserve’s (Fed) decision to raise rates as expected by 25 bps, in a perceiv
USD/MXN extended its losses to three straight days and tumbled 0.03% or 51 pips on Wednesday. Wall Street trades with minimal losses ahead of the US F
The Mexican Peso (MXN) strengthens against the US Dollar (USD) courtesy of an upbeat sentiment amongst investors after Wall Street’s three major indic
USD/MXN takes offers to refresh intraday low near 18.57 during early Thursday, reversing the previous day’s rebound from the 21-DMA. In doing so, the
USD/MXN bears take a breather around 18.60 during early Wednesday as market players await the Federal Open Market Committee (FOMC) monetary policy mee
USD/MXN consolidates the previous day’s losses from a 1.5-month high during a sluggish Tuesday morning as Mexican Peso traders celebrate Benito Juarez
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Buy | Sell | Sell | Strong Sell | Strong Sell |
| Technical Indicators | Sell | Buy | Strong Sell | Neutral | Strong Sell |
| Summary | Neutral | Neutral | Strong Sell | Sell | Strong Sell |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Downside Gap Three Methods | 15 | 1 | Mar 23, 2023 12:15 | ||
| Engulfing Bullish | 1H | 2 | Mar 23, 2023 10:00 | ||
| Engulfing Bearish | 30 | 2 | Mar 23, 2023 11:30 | ||
| Three Outside Down Bearish | 15 | 3 | Mar 23, 2023 11:45 | ||
| Engulfing Bullish | 5H | 3 | Mar 22, 2023 19:00 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Thursday, 23 March 2023 | ||||||
| 13:00 | USD | 0.10% | ||||
| 13:00 | USD | 1.339M | ||||
| 13:00 | MXN | 0.30% | 0.35% | |||
| 13:00 | MXN | 0.28% | 0.30% | |||
| 13:00 | MXN | 0.80% | 0.10% | |||
| 13:00 | MXN | 3.00% | 2.50% | |||
| 13:30 | USD | 0.23 | ||||
| 13:30 | USD | 1,684.00K | 1,684.00K | |||
| 13:30 | USD | -213.20B | -217.10B | |||
| 13:30 | USD | 197.00K | 192.00K | |||
| 13:30 | USD | 196.50K | ||||
| 15:00 | USD | 7.20% | ||||
| 15:00 | USD | 650.00K | 670.00K | |||
| 15:30 | USD | -75.00B | -58.00B | |||
| 16:00 | USD | 0.00 | ||||
| 16:00 | USD | -9.00 | ||||
| 18:00 | USD | 1.22% | ||||
| Friday, 24 March 2023 | ||||||
| 13:00 | MXN | 3.00% | 2.60% | |||
| 13:00 | MXN | 0.10% | 0.30% | |||
| 13:30 | USD | 0.20% | 0.80% | |||
| 13:30 | USD | 0.60% | -4.50% | |||
| 13:30 | USD | -5.10% | ||||
| 13:30 | USD | 0.10% | 0.80% | |||
| 14:30 | USD | |||||
| 14:45 | USD | 47.00 | 47.30 | |||
| 14:45 | USD | 47.50 | 50.10 | |||
| 14:45 | USD | 50.50 | 50.60 | |||
| 18:00 | USD | 589.00 | ||||
| 18:00 | USD | 754.00 | ||||
| 21:30 | USD | 5.10K | ||||
| 21:30 | USD | -7.70K | ||||
| 21:30 | USD | 103.30K | ||||
| 21:30 | USD | 206.90K | ||||
| 21:30 | USD | 98.50K | ||||
| 21:30 | USD | -12.40K | ||||
| 21:30 | USD | -156.40K | ||||
| 21:30 | USD | -209.50K | ||||
| 21:30 | USD | -7.80K | ||||
| 21:30 | USD | 180.20K | ||||
| 21:30 | USD | -73.30K | ||||
| 21:30 | MXN | -31.30K | ||||
Federal Reserve(FED) | ||
| Current Rate | 5.00% | |
| Chairman | Jerome H. Powell |
Bank of Mexico(BdeM) | ||
| Current Rate | 11.00% | |
| Chairman | Alejandro Díaz de León Carrillo |