Agreement with Trump safeguards the USMCAWe have the best deal possilbleinvesting in Mexico is the best optionDeal they made does not imply further action on Mexico's partTreats them with respectThe advances we have made on security were really importantWe don't have a face-to-face meeting with Trump plannedIn 90 days we will keep working on tariffs on other products like tomatoes, steelDeal puts the country in a good position.
The USDMXN has been oscillating around the 50% retracement level of the move from the 2024 low, hovering above and below it for much of the past month. However, momentum has tilted higher over the past week, signaling a potential shift in bias. Today, the pair is trading slightly lower on the day, but remains above the key midpoint level at 18.664. Holding above this zone keeps the bullish bias intact, with the midpoint now acting as near-term support in the broader range.
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