USD/MXN: 17.00 IN REACH FOR THE FIRST TIME SINCE DECEMBER 2005 – SOCGEN

avatar
· 阅读量 69



The Mexican Peso rallied for fourth straight week. Economists at Société Générale analyze USD/MXN outlook.


Dovish pivot by Banxico?

The Fed pause was another shot in the arm for the Peso and puts 17.00/USD in reach for the first time since December 2015.


A dovish hold by the Banxico this Thursday may put the brakes on the MXN rally. We expect no change in the key overnight rate at 11.25% for second straight month. The tone in the statement could become less hawkish after headline inflation declined below 6%.

风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。

喜欢的话,赞赏支持一下
回复 0

暂无评论,立马抢沙发

  • tradingContest