Societe Generale report suggests that the seasonal trends do not support a stronger Peso in April against the USD/MXN.
A recent report by Societe Generale has suggested that the seasonal trends do not support a stronger Peso in April against the USD/MXN. This report has caused some concern among investors who were hoping for a stronger Peso in the coming month.The report suggests that the Peso has historically weakened against the USD/MXN in the month of April. This is due to a number of factors, including seasonal factors such as tax payments and lower oil prices. Additionally, the report notes that the Peso has been under pressure due to