Over the weekend, US President Donald Trump informed his social network of Petro’s decision, which sparked several US retaliation measures including the tariff threat. Consequently, the Mexican Peso, used as a proxy for other Latin American currencies, weakened in early trading on Monday.
The Mexican peso tumbled on Monday as investors worried that trade disputes would again whipsaw markets after U.S. President Donald Trump’s overnight threat to impose steep tariffs on Colombia.
Most Asian markets edged up Friday at the end of a week beset by volatility after China's DeepSeek unveiled a groundbreaking chatbot, while sentiment was dampened after Donald Trump confirmed he hit Canada and Mexico with hefty tariffs.
(MENAFN- The Rio Times) The Mexican peso strengthened against the ... pressure due to concerns surrounding U.S. President Donald Trump's tariff policies. The exchange rate settled at 20.6061 ...
Get Wall Street's Hottest Chart Every Morning The Mexican peso and Canadian dollar weakened on Tuesday after President Donald Trump pledged to impose 25% tariffs on imports from Canada and Mexico ...
NEW YORK (Reuters) - The Mexican peso tumbled on Monday as investors worried that trade disputes would again whipsaw markets after U.S. President Donald Trump’s overnight threat to impose steep ...
While President Sheinbaum said a 25% tariff on Mexico's exports can still be averted, the White House insists the measure will take effect Feb. 1.
The USD/MXN exchange rate has recently pulled back, ending the strong Mexican peso sell-off a few weeks ago. It retreated from this month’s high of 20.93 to the current 20.40 and is hovering near its lowest point since December 26.
Strategists at TD Securities are quantifying the risks being posed to currencies outside the U.S. from tariffs under President Donald Trump, ahead of his remote address to the World Economic Forum on Thursday.
US President Donald Trump has threatened to slap a 25-percent tariff on Mexican goods on February 1, a move that analysts say would deal a heavy blow to Latin America's second-largest economy. Arantza Alonso,
U.S. stocks climbed in early trading as markets reopened after Monday's public holiday, with the S&P 500 index up 0.47%, the Nasdaq rising 0.45% and the Dow Jones gaining 0.44%.