POSITIONING | MXN Peso Shorts

... Are looking a little less extreme than they were before Trump's inauguration, whilst the currency represents great value. I'm inclined to take the under on Trump's doomsayers and this trade is the best way to express that view while collecting carry (presuming realised volatility continues to calm).
mexicanpesomxnpesopositioningUSDMXNusdmxnlong

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