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MEXICO: Sheinbaum's Reassurances on Judicial Reform Unable to Support Peso

MEXICO
  • "SHEINBAUM: MEXICO JUDICIAL REFORM SHOULD NOT CONCERN INVESTORS" (BBG)
  • "REFORM WILL ALLOW A BETTER JUSTICE SYSTEM" (BBG)
  • ”WITH JUDICIAL REFORM MEXICO WILL NOT VIOLATE COMMITMENTS IN USMCA TRADE PACT” (Reuters)
  • Sheinbaum’s comments having little impact here as the worsening sentiment continues to weigh on MXN. USDMXN briefly rises above 19.40 while MXNJPY extends session declines to 2.25%.

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