What, if anything, does this mean with regards to the USD/MXN relationship? Is this trend a significant part of the peso's gains or has is it been more commodity (oil) related? The trend has continued despite oil's correction; I guess I'm just looking for some insight into how the complex relationship between the two countries is reflected in the currency.
http://www.bloomberg.com/apps/news?pid=20601109&sid=aWA2CsXnpEac&refer=home
http://www.bloomberg.com/apps/news?pid=20601109&sid=aWA2CsXnpEac&refer=home