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Mexican Peso Surges on Surprise Rate Hike

Surprise 50 basis point rate hike from Banxico this afternoon – widened the yield differential against the dollar, and kicked the peso higher.

More here:

Bloomberg: Mexico Stuns Markets With Half-Point Rate Hike on New Inflation Gain

Markets Shrug Off US Attack on Iranian Nuclear Facilities
Hammer blow
Risk Sentiment Deteriorates As Liquidity Thins And Geopolitical Tensions Increase
Holding on
Fed Holds Rates, Highlights "Diminished" Uncertainties
Investors Keep Powder Dry In Run-Up to Fed Meeting

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