BREAKING : Peso Tumbles After Mexican President Says He Won’t Meet with Trump

It turns out canceling a meeting with President Trump has immediate negative effects. The currency markets reacted swiftly to Mexican President Enrique Peña Nieto’s ill advised move. From BI The peso was tumbling Thursday after Mexico’s president, Enrique Peña Nieto, announced he had canceled a meeting scheduled for next week with President Donald Trump. The peso was down by 1.2% at 21.3175 per dollar as of 11:57 a.m. ET. The currency had been up by as much as 0.8% at 20.9358 per dollar at about 8:50 a.m. ET. “This morning we have informed the White House that I will not … Continue reading BREAKING : Peso Tumbles After Mexican President Says He Won’t Meet with Trump