US Secretary of State now meeting (one on one) with Mexico's Foreign Minister
the news from Mexico has been bad, these in quick succession took a toll on MXN:
- Moody's changes Mexico's outlook to negative from stable
- Fitch downgrades Mexico's rating to BBB, outlook revised to stable
- US media report there has been no deal reached between the US and Mexico in talks
That was the chronology, happed in the space of just a few minutes. the Mexican peso got smashed.
