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USD/MXN rises to 1-month highs

FXStreet (Córdoba) - The mexican peso was recovering ground against the US dollar but reversed the short term trend on Friday and today rose further, hitting the weakest level since March 13.

USD/MXN opened the week trading around 15.300 but then turned to the upside, and climbed to 15.40. Recently broke to the upside and peaked at 15.46. Greenback remains near the highs consolidating gains. From Friday’s lows the pair rose 2.25% and is about to post the highest daily close in a month.

USD/MXN technical levels

To the upside, resistance levels might lie at 15.465, 15.520 and 15.565 (March 13 high). On the opposite direction support could be located at 15.420 (March 15 high) and 15.365.

USD/CHF rises for the first time in a week

The US dollar is rising modestly against the Swiss franc with USD/CHF unable to rise back above 0.9600.
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USD/JPY: 125 by year end? - Rabobank

In respect of USD/JPY, Jane Foley, Senior Currency Strategist noted that the cost of Brent in yen has been rising since the start of the year.
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