Worried about a possible outbreak of swine flu in North America and global foreign exchange investors a little nervous. After the dramatic fall in the peso, after a little recovery in the past few months. Investors to be concerned that the outbreak of epidemic proportion of the world economy will be dragged down even lower. How real is this possibility? It is true enough, at least in the World Health Organization will be talking about it, so traders will be concerned about.
Dealers are nervous enough rights, whether it is now the treatment of plague is real or imagined, they may build more housing of the risk premium in the U.S. dollar currency, the euro and the yen to some extent. MXN currency in developing countries such as the possibility of combat in the short term, traders began Monday morning.
In the following chart to see the U.S. dollar spot exchange rate / MXN. MXN is weakening the dollar in favor and 2427 has been moved to a weekend in the gap. Such fluctuation is on the flight and high-risk assets, such as bleeding MXN possible risk to other assets like stocks, to promote the stock market in the next week. This makes the United States government bonds, the main housing of the currency and short-term trading or other smaller MXN currency more attractive.
