The growth of the Mexican peso to 5-year-old highs against the US dollar deserves close attention. The USD is strong now, after all. Therefore, the successes of the USDMXN bears deserve more respect. Let’s talk about the Forex outlook and create a trading strategy.
Monthly Mexican peso fundamental forecast
The February bet on the Mexican peso works out great. Over the past five years, MXN has been the most liquid against the US Dollar. Bloomberg has now listed MXN among the top three dozen most liquid monetary units. Only Jerome Powell’s hawkish speech cooled… Read full author’s opinion and review in blog of #LiteFinance