Fundamental: Fast Slide of ‘Super Peso’ Highlights Test for Emerging Markets

Turmoil in the US and European banking systems is testing even the most bullish of emerging-markets cases. Mexico's currency — which over the past year shocked Wall Street with an astonishing rally — has seen a sharp reversal of fortunes this month. Its 24-hour liquidity left it exposed to a rapid unwind of bets on the "super peso" when investor appetite ...     Alert Mar 26, 2023, 10:33pm Fundamental: Fast Slide of 'Super Peso' Highlights Test for Emerging Markets Turmoil in the US and European banking systems is testing even the most bullish of emerging-markets cases. Mexico's currency — which over the past year shocked Wall Street with an astonishing rally — has seen a sharp reversal of fortunes this month. Its 24-hour liquidity left it exposed to a rapid unwind of bets on the "super peso" when investor appetite ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support