Mexico's Poor Forgo Goods as Income From U.S. Drops

Discussion in 'Forex Trading' started by dcvtss, Aug 6, 2008.

  1. dcvtss

    dcvtss

    What, if anything, does this mean with regards to the USD/MXN relationship? Is this trend a significant part of the peso's gains or has is it been more commodity (oil) related? The trend has continued despite oil's correction; I guess I'm just looking for some insight into how the complex relationship between the two countries is reflected in the currency.

    http://www.bloomberg.com/apps/news?pid=20601109&sid=aWA2CsXnpEac&refer=home