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USD/MXN dropped to 14.7940, Peso firmer after poor NFP

USD/MXN opened Noram trade around 14.8335, traded a choppy 14.7805/8475 Peso firmer after poor NFP, USD/MXN dropped to 14.7940 in low liquidity Buyers there, shorts from Friday's post payrolls slump, Brent & WTI +2.1% sh…

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  • USD/MXN opened Noram trade around 14.8335, traded a choppy 14.7805/8475

  • Peso firmer after poor NFP, USD/MXN dropped to 14.7940 in low liquidity

  • Buyers there, shorts from Friday's post payrolls slump, Brent & WTI +2.1% should underpin the peso

  • Tomorrow's prx action key, no local stats today but we have US non-mfg ISM & Markit indices

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