Bank of Mexico raises rates by 0.25 bps to 7.75% from 7.5% - ConsultFX

Bank of Mexico raises rates by 0.25 bps to 7.75% from 7.5%

Move is as expected The USDMXN has moved to a new session low (but just barely so far). The 20.2161-20.2446 area is the next target. The 200 bar MA (green line) comes in at 20.000 area.