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News 2026-09-23 11:17 UTC

MNI US MARKETS ANALYSIS - USD Strength Pervades

Highlights: * Xi Jinping heads to Washington, meetings with Trump in focus * Flash PMI data in focus, as well as more Fedspeak * USD strength pervades, putting key levels in both GBPUSD and USDMXN into view US TSYS: Paring Gains, Flash PMIs Ahead, Trump Welcomes Xi Tonight: s-xi-tonight-1790161492747 Treasuries are mil

News 2026-09-23 10:26 UTC

MEXICO: USDMXN Surges as Hawkish Fed Outweighs Cautious Banxico

* Post-Fed dollar strength continues to play out nicely against the Mexican peso on Wednesday, with the most recent price extension amplified by yesterday's break of trendline resistance, drawn from the year's high. Topside momentum has built nicely above this line break around 17.25, and the pair is currently testing