The Canadian dollar and Mexican peso face more significant depreciation after relatively modest falls in reaction to President Trump’s tariff plans, MUFG Bank analysts said.

This USD/MXN forecast explains why the pair has moved sideways even after Donald Trump unveiled new tariffs on Mexico.

The peso closed at US $20.30, a depreciation of 0.8% compared to its closing position of 20.14 to the greenback on Wednesday.

Dollar/Mexican peso: 20.3014 Mexican pesos per dollar (0.0493 dollar per Mexican peso) --Largest one-day percentage gain since Wednesday, Feb. 19, 2025 --Largest three-day percentage gain since Friday ...

The dollar was mixed on Thursday as traders mulled how severe tariffs scheduled to be revealed by U.S. President Donald Trump ...

The US Dollar index had seen a breakout above 107 in December last year, which is the upper boundary of its trading range ...

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets The darkest U.S. consumer confidence outlook in 12 years is sobering, to say the ...

It appears to be a better two-way market in Europe. Speculators in the futures market were net long euros for the second consecutive week (in the CFTC reporting week ending March 18). They had been ...

Shakira‘s series of concerts in Mexico as part of her international tour Las Mujeres Ya No Lloran (Women Don’t Cry Anymore) ...

The greenback remains under pressure and fell to new lows for the move against the euro, sterling, and the Norwegian krone. Click to read.

Budget-conscious Britons should focus on the Algarve, Turkey and Egypt in 2025 (but avoid New York City and the French ...

The architects of the new US foreign economic policy expected dollar appreciation to absorb some of the cost of US tariffs ...