Mexican Peso Climbs To More Than 3-week High Versus U.S. Dollar
January 26 2017 - 3:06AM
RTTF2
The Mexican Peso drifted higher against the U.S. dollar in the
European session on Thursday, even as the U.S. President Donald
Trump went ahead with his plan to construct a border wall between
the US and Mexico.
Mexican President Peña Nieto condemned the decision and
reiterated that the nation won't pay for the wall, but he signaled
his willingness to reach agreements with the U.S.
The Peso spiked up to 20.86 against the greenback, its strongest
since January 3. The Mexican currency is seen finding resistance
around the 19.00 mark.
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