Mexican peso weakens on the news
The USDMXN has shot higher on the back of news that the central bank president Augustin Carsten will step down.
The USDMXN moved up to the highest level since November 14th. Technically, the 61.8% of the move down from the election day high to the lowest low post election comes in at 20.8948. The 50% of that range comes in at 20.7472 and that will be eyed as support now.