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At 22:00 – the Bank of Mexico will announce the interest rate decision  (May) .

This publication is expected to maintain the monetary policy of the Central Bank of Mexico unchanged. The focus of the market will be on forecasts and expectations. Under the conditions of maintaining market risks, the USD/MXN currency pair will remain highly volatile, allowing you to earn with the help of Erste News.

Technically, USD/MXN maintains the potential for growth in rebound from support of 18.9800-19.0000. Significant resistance levels are: 19.1700 and 19.2000, support: 19.0300 and 19.0000.

Fig. USD/MXN chart. Current price – 19.0800

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