Futuro del peso mexicano 4-9

Mexico reports August CPI Thursday.  Inflation remains above the 2-4% target range, but it is showing signs of topping out.  Banxico just upgraded its 2017 and 2018 growth forecasts, and so we see no urgency to cut rates.  Next policy meeting is September 28, no change is expected then.  Bloomberg consensus sees the first rate cut in Q2 2018.
100 HMA= 559.60
futuro del peso mexicano 4-9
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