Sacha Tihanyi, deputy head of emerging markets strategy at TD Securities, sees Banxico cutting rates by 25bps, and continuing to signal a dovish bias. Key Quotes “We see dissents continuing for an increase in the pace of easing, but given the slightly improved performance and outlook for the Mexican economy, in addition to progress on the U.S.-China trade war, and a less dovish Fed, dissent may ebb somewhat in the near future.” “FX: MXN, in a better risk environment, will be neutral-to-positive in the short term on a reduction in rates, though too aggressive an easing signal will expose the peso during periods of higher volatility.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY technical analysis: Risk environment takes it toll on USD/JPY FX Street 3 years Sacha Tihanyi, deputy head of emerging markets strategy at TD Securities, sees Banxico cutting rates by 25bps, and continuing to signal a dovish bias. Key Quotes "We see dissents continuing for an increase in the pace of easing, but given the slightly improved performance and outlook for the Mexican economy, in addition to progress on the U.S.-China trade war, and a less dovish Fed, dissent may ebb somewhat in the near future." "FX: MXN, in a better risk environment, will be neutral-to-positive in the short term on a reduction in rates, though too aggressive an easing signal will expose the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
