Posts tagged 'Peso'

USDMXN – Testing Key Level
USDMXN – Testing Key Level1st March 2017

USDMXN was in a broad up trend throughout 2016 with an acceleration after Trump's election. But profit taking has been the dominant feature since January's peak above 22.0000 and last week's decline took prices below the 21 week moving average.That point was breached last October and August but trading below that point was temporary and limited. Will... read more

Mini Mac Trumps the Big Mac
Mini Mac Trumps the Big Mac20th January 2017

Mini Mac Trumps the Big MacPosted on January 19, 2017 10:28 am by Benn Steil and Emma Smith of the Council on Foreign RelationsThe “law of one price” holds that identical goods should trade for the same price in an efficient market.  But how well does it actually hold internationally? The Economist magazine’s famous Big... read more