The document discusses investment strategies in Latin American foreign exchange markets for 2016, focusing on the Mexican Peso (MXN) and Colombian Peso (COP) due to fundamental divergence and undervaluation. It suggests going long on MXN/COP and PEN/CLP, highlighting the impact of oil prices and regional policy differences. The document includes charts showing currency misalignment, MXN/COP undervaluation relative to oil, and currency exposure to crude oil weakness.
documents/vol00010-efta01459610-pdf.pdf
{"title":"FX Blueprint: Forever Young","document_date":"2016-01-12","document_type":"financial","key_locations":["Latin America"],"key_organizations":["Deutsche Bank AG"]}