Mexican central bank cuts rates by 50 basis points in surprise move

Banxico with a cut
Rates lowered to 6.00% from 6.50% in unscheduled move.
The USD/MXN chart is an interesting one. It blew up in March and has been consolidating around these levels. At some point there's going to be a great trade in MXN because the US's anti-globalization push will take factories from China and put them