Money in Motion: Currency Trading
RSS FEED
RECENT POSTS
|
- What Currencies Are Saying About Stocks
- Euro Sinks, China Talks Tough, Dollar Gets a Lift
- How to Trade on the Jobs Report
- How Low Can the Euro Go?
- Euro Steadies, Dollar Holds Firm
- Where the Euro Goes From Here
- Is the Euro Oversold?
- Euro Slides, Yen Lifts, Rupee Keeps Falling
- Busch: How to Trade the Euro on an Outside Reversal
- How to Trade the Euro's Slide
MONEY IN MOTION VIDEO GALLERY
COMMUNITY
LATEST FROM OUR BLOGS
- See Fast Money Live from Chicago - Thursday June 7th
- Look Who's Betting on Big Blue
- What Currencies Are Saying About Stocks
- Your Next Trades: RIM, Energy and Newmont
- Burned by the Homebuilders ETF
- PB&J, Mac & Cheese Step Out From Kids-Fare Shadow
- Downside in Facebook May Continue to $25: Options Pro
- Top Analyst Reveals 5 Top Semi Stocks
- Ackman: JCPenney Sales Have Hit 'Bottom'
- Home Prices Hit Lows, But 'We See Signs of Hope'
Your South of the Border Trade
Text Size 
Currency Blogger, CNBC.com
 |
AP |
It's been a great month to be long the Mexican peso,[MXN=X
Loading...
()
] given its six percent rise so far this year. Win Thin, director of emerging markets strategy at Brown Brothers Harriman, thinks the good times could still roll.
Thin told me he thinks others are more optimistic about the U.S. economy than he is - "keeping interest rates at zero through 2014 doesn't exactly make me feel bullish" - and that any weakness in the peso "should be viewed as a buying opportunity for an eventual move below 13.00"
Monetary policy also favors the peso, Thin says, at least relative to Mexico's neighbors. "Mexican officials are much more hands off than Brazil" or Colombia or Peru when their currencies are rising, he told me.
Europe's problems inject risk into the outlook for any emerging market currency, of course. But if you are willing to wade into those waters, Thing believes the peso is your best bet.
 |
Learn more: The essential vocabulary for currency trading is on Key Terms Dictionary. Top currency strategies are broken down for you in Currency Class.
Talk back: Tell us what you want to hear about - email us at .
- Companies that establish sustainable principles are positioned for long-term success, says this blogger.
- Advanced manufacturing is about customization, high-precision and performance. And it’s everywhere.
- Many veterans are turning to franchising as a way to make a living once they are out of the military.
- Have you ever wished you could just quit your job and follow your dream? These people have.
- Emerging-market bulls should look to Brazil, South Africa and Russia, as well as Thailand and South Korea.
- Some beers are better than others. An annual competition chose the ones that are the best.
Data is a real-time snapshot *Data is delayed at least 15 minutes
