Published at 11:40 (GMT) 03 Apr
MXN coming in marginally softer around 12.748 after testing 12.698 overnight as EUR is flat and S&P futures are down marginally ahead of FOMC minutes release. Moreover with long weekend on Easter and the US NFP data coming in the midst of that holiday, we expect any MXN rally to quickly reverse on profit taking as traders will prefer to be covered. Main focus today locally will be on consumer confidence for Mar that we 4Cast to rise to 95.0. Look for 12.65/85 ra nge.