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Considerando o atual momentum do $USDMXN e a fraqueza generalizada das moedas de mercados emergentes, eu colocaria as chances de vermos 17.50 antes do final do mês em torno de 65%, especialmente se tivermos mais comentários hawkish do Fed.
That's an interesting take. I wonder if the peso's resilience lately, even with some of the broader EM weakness, might slow that down a bit, especially if the Banxico remains hawkish as well.
That's an interesting take on USDMXN. I'm still trying to understand how much of the current weakness is due to the broader EM trend versus local factors in Mexico. Do you think the upcoming Banxico meeting could shift things much?
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