Volatility in the pair USD.MXN
The USD.MXN pair has been suffering a strong volatility because of the direction that NAFTA members can take with respect to the existence of the bloc. Mr. Trump has been announcing in the media that the existence of the US in this bloc is harmful to Americans and has been gathering efforts to remove his country from this free trade area.
With this the USD.MXN parity comes oscillating strong and bringing good opportunity and also a lot of risk. I decided to make some trades on that par for short stops and it was not such a good idea.
However, I will now wait for a lower entry and put a good buy!
The USD.MXN pair has been suffering a strong volatility because of the direction that NAFTA members can take with respect to the existence of the bloc. Mr. Trump has been announcing in the media that the existence of the US in this bloc is harmful to Americans and has been gathering efforts to remove his country from this free trade area.
With this the USD.MXN parity comes oscillating strong and bringing good opportunity and also a lot of risk. I decided to make some trades on that par for short stops and it was not such a good idea.
However, I will now wait for a lower entry and put a good buy!
