by Mark | Mar 30, 2018 | Mexican Peso
The Mexican peso has been moving sideways as the US dollar appears to be basing. Outlook for the Mexican Peso Most currency analysts are predicting that the peso will end the year between 18 and 20 pesos to the dollar. So, let’s take a look at some of the...
by Mark | Mar 29, 2018 | Market Outlook
The tech leaders known as FANG; Facebook, Amazon, Netflix, and Alphabet (Google), have all gotten beaten up recently. You could say that a cleansing has taken place and their valuations have been taken down a notch. In this most recent decline the broader S&P 500...
by Mark | Mar 28, 2018 | Market Outlook, Mexican Peso
We did see some buying on weakness at the close yesterday. We really need to see a strong rally today in order to stave off further weakness. If we get another rally today and especially if it recovers 50% or more of yesterday’s loss then perhaps we will avoid...
by Mark | Mar 27, 2018 | Market Outlook, Mexican Peso
Before we look at the markets, I want to talk a little about the strength in the Mexican Peso. The US dollar has been very weak over the last year and when the dollar has shown strength against the peso it has primarily been about trade issues favoring the US. While...