Floradude Posted December 16, 2019 Report Share Posted December 16, 2019 The peso is at its strongest in sometime. It is now below 19/1 From USDUS Dollar To MXNMexican Peso 1USD = 18.9685MXN Quote Link to comment Share on other sites More sharing options...
Mainecoons Posted December 16, 2019 Report Share Posted December 16, 2019 Yeah I wonder what happen to those predictions of 21 to the dollar by year end. Quote Link to comment Share on other sites More sharing options...
traderspoc Posted December 16, 2019 Report Share Posted December 16, 2019 Peso started getting stringer about 3 weeks ago, with possible trade deal in the works, i see those who followed the investment adviser for Intercam at LCS Elizabeth's.advice last month and bought Mexican mutual funds are seeing strong appreciation in their investment account as the dollar gets weaker and peso stronger. Investments are rotating into emerging ,markets. its more likely Mexico will see higher growth than USA in next few years.. Quote Link to comment Share on other sites More sharing options...
Jreboll Posted December 16, 2019 Report Share Posted December 16, 2019 16 minutes ago, traderspoc said: Peso started getting stringer about 3 weeks ago, with possible trade deal in the works, i see those who followed the investment adviser for Intercam at LCS Elizabeth's.advice last month and bought Mexican mutual funds are seeing strong appreciation in their investment account as the dollar gets weaker and peso stronger. Investments are rotating into emerging ,markets. its more likely Mexico will see higher growth than USA in next few years.. I see the same thing plus all this quantitative easing doesn’t bode well for the dollar. Quote Link to comment Share on other sites More sharing options...
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