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The dollar is strong but the peso is stronger - Quartz
Since the election, the dollar has weakened by 3.5% against the peso, and a Reuters poll of analysts suggests this trend will continue, even if Mexico's currency recently succumbed somewhat to the hammering that emerging-market currencies have taken as ...altro »
White House economic advisor Kudlow says trade deal with Mexico ... - CNBC
Kudlow says U.S. Trade Representative Robert Lighthizer is "more optimistic than I've seen him in many moons." President Trump has repeatedly threatened to pull out of NAFTA if his administration cannot adjust the pact to better serve U.S. interests.altro »
It's Goldman Versus Morgan Stanley When It Comes to Mexico's Peso - Bloomberg
The Mexican peso has rallied 13 percent since reaching a 15-month low on June 14, two weeks before the vote. Lopez Obrador, popularly known as AMLO, swept to victory and proceeded to project an unexpectedly pro-markets tone. Spreads on Mexican ...altro »
Mexico Peso Analyst Who Forecast Post-Vote Rally Sees Gains - Bloomberg
The peso underperformed its peers in the second quarter in the runup to the election as analysts worried that the heavily favored Lopez Obrador could deal a setback to Mexico's economy. Most analysts expected a further dip once his victory was ...
Rally's Not Over for Mexican Peso, Says $523 Billion Japan Fund - Bloomberg
Mitsubishi UFJ Kokusai Asset Management Co. also favors the peso. The Mexican currency has advanced 5.1 percent this year versus the dollar, the best performance among major emerging currencies tracked by Bloomberg. Only Colombia's peso has also ...
Weak Mexican peso sends Pemex to a loss in Q2 - Financial Times
Hammered by an 8 per cent slide in the peso in the second quarter, Pemex, Mexico's national oil company, sank to a second-quarter loss of 163bn pesos ($8.8bn), reversing a profit in the first three months of this year. Total sales increased 36 per cent ...altro »
Trump talks of 'good sessions' with Mexico, sparking jump in peso ... - CNBC
The Mexican peso and Canadian dollar both moved slightly higher after President Donald Trump said the U.S. may do a trade deal with Mexico and then do a deal with Canada later. While a sign of positive momentum with Mexico, the comment cast doubt on ...
EMERGING MARKETS-Mexico peso hits 3-month high, stocks at 6 ... - Reuters
(Recasts with Mexican peso gains) MEXICO CITY, July 30 (Reuters) - Mexico's peso firmed to its strongest level in more than three months on Monday while the country's main stock index closed at its highest in six months, supported by solid corporate ...altro »
USD/MXN: Mexican peso consolidates gains and erases yesterday's ... - Forex Crunch
The improvement in risk appetite among Emerging Markets boosted the Mexican peso against the US dollar. The USD/MXN yesterday hit the highest level in a month at 19.36 and today bottomed at 18.84. It rebounded from the lows during the US session but ...altro »
Mexican Peso Weakens As Traders Bail On Emerging Market Risks - Investing.com
In my post reviewing the strength in the U.S. dollar index (DXY), I neglected to note a related weakening in the Mexican peso. On Friday, USD/MXN rallied into its 200-day moving average (DMA) and faded. Per my plan, I faded USD/MXN at the 200DMA.