Profit4All @Profit4All: "$USDMXN The Mexican Peso weakens..."

Netherlands

$USDMXN The Mexican Peso weakens as investors are concerned about possible approval of disputed judiciary reforms that could raise political risks. Morena's strong control in Congress increases fears of changes to the Constitution, which may give more power to the government and lead to higher investment risks. Additionally, comments from Banxico’s Deputy Governor Galia Borja, suggesting a softer approach to interest rates, add further pressure. We are currently long in $USDMXN On our watchlist we have $GBPAUD $EURUSD and $USDJPY Cheers!

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