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USDMXN Approaches Friday Lows, Notable Option Expiries For May 18

MEXICO
  • USDMXN (down 0.45%) consistently lower throughout the session and gradually approaching Friday's lows at 19.7542. The Mexican Peso certainly outperforming the region today amid the large declines in CLP (-1.92%) and PEN (-0.91%).
  • Worth noting some expiries for May18 NY cut 1000ET (Source DTCC):
  • USD/MXN: Mxn19.82($600mln), Mxn19.90($595mln)

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