Mexico’s peso traded in line with emerging-market peers after the third U.S. presidential debate, signaling traders saw nothing in the matchup that changed their perception of who is likely to win the election, Bloomberg News reported.
The currency was little changed at 18.5241 per dollar as of 6:35 a.m. Thursday Oct. 20 in New York, paring gains of as much as 0.4 percent in the immediate aftermath of the debate. A gauge of emerging market currencies slipped 0.1 percent.
Mexico’s peso has reflected investor anxieties before this year’s U.S. election, often falling when Donald Trump’s campaign appears on the upswing and gaining when Hillary Clinton advances. In the third debate, the Republican candidate repeated his pledge to renegotiate the North American Free Trade Agreement if he’s elected. His recent struggles have been a boon for peso bulls: the currency is up about 7 percent since the first presidential debate in late September, the biggest gain among its major peers.
To read complete article click here.
more recommended stories
Hurricane Rick makes landfall on Mexico’s Pacific coast
MEXICO CITY, October 25, 2021, (Reuters).
Mexican Sergio “Checo” Perez finished third at the US Grand Prix in Austin, Texas
F1: Perez endures ‘toughest race’ without.
Cyclists demonstrate using life jackets in Paseo de Montejo to demand road safety
The mobilization has the objective of.
International company Accenture will settle in Tekax, Yucatán
Accenture is a global operations, technology.
Over forced labor allegations, U.S. blocks imports of tomatoes from Mexican farms
WASHINGTON/MEXICO CITY, October 25, 2021 (Reuters).
Moderna says its COVID-19 vaccine protective, safe in young children
October 25, 2021 (Reuters) – Moderna.
Hurricane Rick makes landfall on Michoacan’s coast
MEXICO CITY (Reuters) – The eye.
Bus accident on the Felipe Carrillo Puerto-Chetumal highway leaves 3 dead and several injured
Chetumal, Quintana Roo, (October 25, 2021).-.
These are the vaccination rules in the U.S. for international travel reopening on Nov. 8
WASHINGTON, Oct 25 (Reuters) – The.
Container shortage impacts imports to the Port of Progreso
Foreign trade agencies begin to feel.