USD/MXN drops below 15.20

FXStreet (Córdoba) - The mexican peso is rising of the third day in a row against the US dollar and climbed from 1-month lows to 6-day highs in 32 hours. USD/MXN reached yesterday 15.416 and today is about to close around 15.150, the lowest since last Friday.

The pair is back below the level it closed last week and under the important technical level located at 15.250. USD/MXN rallied from April 6, from under 14.80 and peaked at 15.416, from where is falling.

Greenback is losing ground across the board including Latin American currencies. The colombian peso is the best performer rising 0.98% versus the US dollar, while brazilian real gains 0.60%.