Tag Archives: MXN

[unable to retrieve full-text content]Shifting intermarket relationships pose challenge for investors. The market is convinced the Fed will not raise rates. Greater uncertainty surrounds the BOJ; there seems less willingness to shock and awe.

Summary: Net migration of Mexicans into the US has fallen for a decade. The surge in Mexican migration into the US followed on the heels of NAFTA. Although Trump has bounced in the polls, and some see this as negative for the peso, rising US interest rates and the slide in oil price are more important drivers. There has been much discussion in the US presidential campaign about immigration, especially from...

The Swiss Franc depreciated this week again. The euro rose to 1.960. One reason is the reduction in net long CHF speculative position from 8.2K to 1.6K contracts. Given the weak ISM non-manufacturing  PMI, it remains unclear. why speculator now move into the dollar. Over the summer, the US dollar was out of favor with the speculators in the futures market. This means that gross long positions increased and gross...