Goldman Sachs forecast for the Mexican peso - say its going to 17 to the dollar over the next 12 months
GS citing:
- For $/MXN in particular, valuations are still supportive, the central bank remains vigilant.
via FT (may be gated)
GS are not out on their lonesome with this call.
USD/MXN daily chart. MXN has been grinding its way back since wall guy was elected in November last year.
