USDMXN Outlook – Staring at a Fresh Multi-Month Low on Renewed US Dollar Weakness
Summary
By sueyangfx.com November 20, 2020 at 12:02PM USDMXN is eyeing a break below 20.00 for the first time since early-March as emerging market currencies continue to nudge higher on growing vaccine optimism.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
November 20, 2020 at 12:02PM
USDMXN is eyeing a break below 20.00 for the first time since early-March as emerging market currencies continue to nudge higher on growing vaccine optimism.