USD/MXN could break below 18.00 as Banxico hikes and oil stays supported – ING USDMXN Mexico Banks
25 bps hike by Banxico, and maybe a break below 18.00
“We think MXN remains attractive in an environment where markets favour currencies with high carry and positive exposure to rebounding crude prices.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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