MXN 1Q Forecast: Mexican Peso Outlook - USD/MXN Bearish in 2021 as Recovery Persists
MXN 1Q Forecast: Mexican Peso Outlook - USD/MXN Bearish in 2021 as Recovery Persists 2021-01-03 10:00:00 Rich Dvorak, Analyst MXN 1Q Forecast: Mexican Peso Outlook - USD/MXN Bearish in 2021 as Recovery Persists Advertisement The Mexican Peso looks positioned for a prolonged advance against the US Dollar in 2021. This could present bearish USD/MXN trading opportunities with the Mexican Peso possessing potential to extend its recent bout of strength. Constructive outlook for the Mexican Peso piggybacks on rising crude oil prices and normalizing measures of volatility, which correspond with the ...