EFTA Document EFTA01449249

16 May 2013 FX Blueprint: Dashing Buck Additionally, after the Central Bank of Mexico suspended the "stabilization" mechanism, we would not be surprised if a new "reserve accumulation" rule is installed if the speed of appreciation increases. While any potential negative effects in the currency will likely be short lived (barring any disappointment in the reform agenda) we have recommended tactically taking profits in our long held short USD/MXN recommendation (closing: 11.96, entry