Mexican Peso Weakens Despite Nearing Repeal of US Steel Tariffs

May 16,2019 19:10   Source:Earnforex
The Mexican peso is weakening against several major currencies toward the end of the trading week. Despite senior officials claiming that they are close to striking a deal that would see the US repeal its tariffs on steel and aluminum from Mexico, the peso was unable to take advantage. This could show that traders are more concerned about its fledgling economy and the political turmoil that has unfolded […]

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