Mexico Current Account, $ (QoQ) below forecasts ($4.688M) in 1Q: Actual ($-6523M)

May 25, 2022

Mexico Accumulated Current Account/GDP came in at -1.94% below forecasts (1.07%) in 1Q

USD/CHF staged modest recovery from a one-month low amid resurgent USD demand. The risk-off mood underpinned the safe-haven CHF and kept a lid on any