Republican nominee Donald Trump is bad for the Mexican Economy with his trade deals, mass deportations and "The Wall". Mexican currency has priced in the worst throughout 2016.
With recent plunge in the polls and Wall Streets declaration he lost in both debates, USDMXN is a good R/R short.
S/L put at recent highs, excluding USD strength.
Profit set at the 10% mark where Trump's popularity began.
With recent plunge in the polls and Wall Streets declaration he lost in both debates, USDMXN is a good R/R short.
S/L put at recent highs, excluding USD strength.
Profit set at the 10% mark where Trump's popularity began.