A red week in store for MXN Short

U.S. DOLLAR / MEXICAN PESOICE

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⋅ Jun 25, 2017 6:09 PM

With Banxico raising rates to 7% I think $16 is a possibility for the Peso in the coming weeks.

I posted about the Peso being oversold on Friday and longed it back to $18, however I am short for the rest of the week.