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MXN review: Western Union

Quotes from Western Union:- The Mexican Peso strengthened policy on the back of higher oil prices but fundamentals weakened as manufacturing exports fell 3.3% in January. - With about 80% of all Mexican exports headed to…

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Quotes from Western Union:

- The Mexican Peso strengthened policy on the back of higher oil prices but fundamentals weakened as manufacturing exports fell 3.3% in January. 

- With about 80% of all Mexican exports headed to the US the weaker Mexican Peso will add to the competitiveness which could help boost the Mexican economy. 

- The trade deficit for January increased to 3.248 billion lead by a slowdown of factory made goods and car exports. 

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