The US dollar has broken down significantly during the trading session against most currencies around the world on Thursday, and of course the Mexican peso wasn’t any different. What’s truly ironic about this is that we have seen a massive selloff in the crude oil market, but the peso has continued to show signs of strength. This is because most of the reaction that we are seeing then this chart is due to the President Donald Trump not willing to sign a continuing resolution to fund the government. This is a temporary thing, as it always is, but I think it could lead to a short-term break down.

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