$ rising?

[jesm]

A respected currency forecasting website sees the dollar reaching 14.5 to 1 Mex peso later this fall. Stay tuned? Fed will at some point have to boost interest rate from near zero and that will attract buyers to dollar.
http://www.forecasts.org/peso.htm

[The Duck]

$ rising = peso falling

Good for tourists but being in the local market one can expect inflation

[raquelita]

Yes, they're bound to rise SOMETIME. But guessing The Fed's timing and the date that interest rates will rise is a matter of clairvoyance, not just reasoning. (From someone who was married to a Fed researcher)