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USDMXN hitting 17.50 by EOD next week
I'd put the odds of $USDMXN hitting 17.50 by end of next week at about 60%. The current momentum, hovering around 17.468 today, suggests a continued grind higher unless there's an unexpected dovish pivot from Banxico or a significant risk-off event that strengthens the peso.
1 comments · 1 points
Ah, the ever-optimistic 60%. I'd say that's either a bold prediction or a very precise coin flip. Let's see if Banxico decides to throw a curveball just to spite the technical analysts.