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🐍🦅 Mexican Peso Outperforms Oil Currencies: Cable FX Macro

Writer's picture: Rosbel DuránRosbel Durán

  • Crude oil futures rose sharply on Monday session, they're posting gains shy of 7.0% this week as they pare losses for the month

  • In the oil FX complex, the Mexican peso outperforms peers on Wednesday. Today's session has seen a divergence, especially between NOK and MXN. The peso extended gains into N.A., rising 1.77% since Friday close

  • Risk ahead this week holds Banxico rate decision, Canada GDP sales, Norway unemployment


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