El mexican peso get depressed in front of dollar estadounidense this March, despite a series of six advances of consecutive manner. El cambio type concluded operations in 19,9830 units by ticket against the city of 19,8380 units, with official dates of Bank of Mexico (Banxico).
The movement in parity means for the local division a return of 14.50 cents or a variation of 0.73 per cent. The cross moves to an aborted rank with a maximum of 19.9955 units and a minimum of 19.7850 units, with the highest level since the 22nd of January, with an increase of 19.7146 pesos per dollar.
The Mexican currency is moving to the top of other emerging divisions like the Brazilian realm, which is in the midst of a dollar-denominated establishment over the past six days with its two key fronts. The Dollar Index (DXY), which is based on six references, is down 0.19% to 91.25 units.
Some specialized companies mention in their reports for the day that the dollar finds stability helped by the treasures of the Treasury, which is maintained by the debacle of its March picks. “I’m very tired of a new point in the bonus year in 10 years,” explained analysts at Ci Banco.
In the technical aspect, the parity is reversed by a price increase around the level of 19.8000 units, with the minimum of two open days off the zone. “In the dollar there is an indication of a frontier in Latin American divisions. Against the line of 20 units will take the new resistance”, affirmed ActivTrades.
In its six days of trade, from a close of 20,2030 on April 9, the peso can recover 36.5 cents, which equates to an accumulation of 1.81 per cent. With six consecutive form retrospectives (not seen since June 2020), the dollar is worth raising at least six weeks.