Friday, February 6, 2015

The Mexican Peso & Brazilian Real Are Collapsing


Charts and more on link:
Back over 15 / USD for the first time since March 2009, the Mexican Peso is tumbling hard this morning... and the Brazilian Real is also tanking (back near 10-year lows) - no clear catalyst aside from further weakness in oil producer and EM FX sentiment.
http://www.zerohedge.com/news/2015-01-30/mexican-peso-collapsing

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