[1]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.
Peso under pressure
[2]
Back to March 2009 lows..
[3]
And the Real is close behind (back near 10 year lows)
[4]
As Oil Producers FX rates push to new cycle (or record) lows...
[5]
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/01-overflow/20150129_mxn1.jpg
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/01-overflow/20150129_mxn.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/01-overflow/20150129_mxn3.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/01-overflow/20150129_mxn2.jpg
