AmiranAzaladze
Short

Challenging level on US dollar Mexican peso currency pier

FX:USDMXN   U.S. Dollar / Mexican Peso
5 Facts you need to understand in global economy:

o The trade conflict between the United States and China.
o The risk of a sharper deceleration of global economic activity.
o A potential deterioration of economic problems in important advanced or
emerging market economies.
o The greater probability of a disorderly exit of the United Kingdom from the
European Union.
o Political and geopolitical problems in several countries or regions.

These are the facts which are shaking markets during 3]third quarter. Such environment is a challenge for emerging markets, to adapt to the changing global economic structure. Also some exotic currencies may gain during this period. Mexican peso was quite strong last week and looks like will follow its rally to 19.3174 against US currency.
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