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Mexican Peso Dec '19 (M6Z19)

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[[ timeframe ]] futures price quotes as of Wed, Nov 13th, 2019.
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Mexican Peso Historical Prices page.

Mexican Peso Futures Market News and Commentary

Dollar Posts a New 4-Week High as Trade Uncertainty Weakens the Chinese Yuan

The dollar index (DXY00) on Wednesday rose by +0.056 (+0.06%). Dec euro-fx futures (E6Z9) closed down by -0.0011 (-0.10%), and EUR/USD (^EURUSD) fell by -0.0004 (-0.04%). Dec yen futures (J6Z9) closed up by +0.0015 (+0.16%), and USD/JPY (^USDJPY) fell by -0.22 (-0.20%).

The dollar index moved slightly higher Wednesday and posted a new 4-week high as the Chinese yuan weakened against the dollar on uncertainty about a U.S./China trade deal.

The yuan fell -0.22% Wednesday and posted a 1-week low against the dollar on Tuesday's comments from President Trump on the status of a trade deal with China. President Trump on Tuesday said a trade deal with China could happen soon, but that if a deal is not reached then "tariffs will be raised substantially." More trade uncertainty then arose after a Wall Street Journal report Wednesday afternoon said trade talks have hit a snag on Chinese purchases of U.S. farm products since China is said to be leery of putting a numerical commitm... Read more

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    EURJPY faces further downside pressure as it continues to retain corrective pullback threats.

  • EURJPY More Weakness Envisaged On Bear Pressure

    EURJPY faces further downside pressure as it continues to retain corrective pullback threats.

  • The Case for a Silver Rally

    Yes, you read that right. Despite all the bearish developments that we described in the previous analyses , and despite myriads of bearish factors that...

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