Mexican Peso plunges as Trump confirms March tariffs, Peso faces weekly losses
The Mexican Peso (MXN) prolonged its agony and depreciated against the Greenback on Friday, set to achieve weekly losses of over 0.59% as the President of the United States (US) Donald Trump emphasized that tariffs on Mexico are moving forward on March 4. USD/MXN trades at 20.52, up 0.22%.
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Mexican Peso strength unlikely to last as Deutsche Bank eye return to 20 The USD/MXN exchange rate closed the week strongly... Foreign exchange rate forecasts surrounding the US dollar ...
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Investors aren’t sure how seriously to take President Trump on tariffs, but they aren't completely dismissing his threats.
Pound Sterling (GBP), Canadian dollar (CAD), Norwegian Krone (NOK), Russian Rouble (RUB) and Mexican Peso (MXN) exchange rates under pressure ...
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
The Mexican peso is under pressure amid weak trade data and US economic strength affecting its outlook and performance.
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