Following former Mexican commerce secretary Gutierrez’ comments that “Mexico has to show a tough stance against Trump,” the peso is surging stronger (from previous intervention levels) ahead of the inauguration…
It seesm 22.00 is the “red line”…
Is Banxico using a distracted day to intervene on the cheap? Or pre-empting Trump’s speech?
via http://ift.tt/2iSEmev Tyler Durden