USDMXN to move toward 19.00 over second half of 2023 – Wells Fargo

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USDMXN to move toward 19.00 over second half of 2023 – Wells Fargo
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USDMXN to move toward 19.00 over second half of 2023 – Wells Fargo USDMXN Banks

“Going forward, we expect the dynamic of attractive carry and stable local politics to continue, and for the Peso's recent stability to persist for the time being.”

“Over the second half of 2023 and into early 2024, we believe the USDMXN exchange rate can gradually move toward 19.00.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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