Mexican peso surges ahead of U.S. presidential debate
- Unemployment Rate Drops to 4.6%
- Bond yields fall on U.S. jobs data, euro flat before Italy vote
- Alibaba (BABA) Founder Jack Ma Discuss Plans to Retire; 'I Don't Want to Die at the Office'
- Starbucks Coffee (SBUX) CEO Howard Schultz to Step Down, Appointed Executive Chairman; Kevin Johnson New CEO
- Mnuchin Wants Fannie (FNMA)/Freddie (FMCC) Out of Government Hands, But Stocks Grossly Overvalued - Keefe, Bruyette & Woods
A picture illustration shows Mexican pesos and U.S. dollars banknotes in Mexico City July 6, 2015. REUTERS/Edgard Garrido
News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.
MEXICO CITY (Reuters) - Mexico's peso surged more than 1.8 percent against the dollar on Sunday ahead of the U.S. presidential debate, after comments Donald Trump made about women in a video created a storm around his campaign.
The currency moved after markets in Asia began Monday trading. At 3 p.m. CDT (2000 GMT), the peso had strengthened 1.89 percent to 18.955 per dollar.
Republican nominee Donald Trump has vowed he would build a wall on the border with Mexico and renegotiate or scrap the North American Free Trade Agreement if he is elected.
The United States is Mexico's main trading partner and Wall Street analysts say concern over any potential trade restrictions have hurt the peso.
(Reporting by Mexico City Newsroom; Editing by Bill Trott)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- House adopts massive defense bill, sees changes under Trump
- Dual U.S.-Iranian national, wife jailed in Iran without charge since July: rights group
- Suspect released in Louisiana shooting death of ex-NFL player: reports
Create E-mail Alert Related CategoriesReuters
Related EntitiesDonald J. Trump
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!