USD/MXN Price News: Mexican Peso recovers from 16.90 despite downbeat options market signals

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USD/MXN Price News: Mexican Peso recovers from 16.90 despite downbeat options market signals
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USD/MXN Price News: Mexican Peso recovers from 16.90 despite downbeat options market signals – by anilpanchal7 USDMXN Options Markets RiskAppetite Employment

USD/MXN takes offers to refresh the intraday low near 16.83 as it prints the first daily loss in three while reversing from the weekly high on early Wednesday.

In doing so, the options market figures challenge the latest pullback of the USD/MXN price. It should be noted that the options market gauge prints a three-week winning streak with the latest figures of 0.034. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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