Mexican peso loses its shine. Forecast as of 12.06.2024

When a political party is willing to enact radical reforms, any currency can quickly lose its appeal, as happened with the Mexican peso. Let's discuss this topic and make a trading plan for USDMXN.Quarterly fundamental Mexican peso forecastThere is only one step from the sublime to the ridiculous. The Mexican peso was a top performer among the world's major currencies in 2023 and was off to a great start in 2024. In the run-up to the June elections, asset managers increased a net long posit