美元/墨西哥比索:墨西哥央行降息使比索面临风险 – 荷兰国际集团
荷兰国际集团(ING)的Chris Turner指出,墨西哥央行将利率下调25个基点至6.75%,同时通胀预测基本保持不变,预计将在2027年初回归目标水平。

荷兰国际集团(ING)的Chris Turner指出,墨西哥央行(Banxico)将利率下调25个基点至6.75%,但通胀预测基本保持不变,预计通胀将在2027年初回归目标水平。他认为,在当前环境下宽松政策存在风险,并暗示比索仍然脆弱,美元/墨西哥比索可能因中东负面消息而出现反弹修正。

降息质疑比索韧性

“墨西哥央行昨日小幅意外地将政策利率下调25个基点至6.75%。有些令人惊讶的是,其通胀预测自2月以来几乎没有变化(整体和核心CPI同比仅分别小幅上调0.1%和0.2%)。且仍预计通胀将在2027年初回归3.00%的目标水平。”

“在当前环境下降息有些危险,这也表明墨西哥央行对货币走弱的担忧程度略低于许多其他新兴市场央行。”

“我们今年早些时候曾认为墨西哥央行不希望美元/墨西哥比索再次大幅低于17.00。作为一个重要的新兴市场代表和新兴市场整体的对冲代理,我们认为比索仍然脆弱。”

“若中东出现一些不利消息,美元/墨西哥比索可能会回调至18.50/70区间。”

(本文由人工智能工具协助生成,编辑审核。)

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