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Rodriguez Affirmed To Banxico Board, US NFP Report In Focus

MEXICO
  • Focus on US non-farm payrolls report: November nonfarm payrolls are expected to have risen by 550k, vs 531k in October, per both the MNI Dealer Median and Bloomberg survey median (the Bloomberg "Whisper" survey is 559k).
  • Mexico: Victoria Rodriguez Ceja is set to become Mexico’s first female central bank governor after the senate confirmed her to its board Thursday. President AMLO is expected to designate her as head of the bank soon.
    • USDMXN remains toward the lower bound of the most recent range with the corrective pullback still in play. Attention is on support at 20.9790, the Nov 3 high.

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