Trump Vs Trudeau: Strong USD = Pain for All Canadians

Trump Vs Trudeau: Strong USD = Pain for All Canadians

Trump Vs Trudeau: Strong USD = Pain for All Canadians $USDCAD The Canadian Dollar (CAD) aka ‘Loonie’ slumped Monday on continuing trade issues between Canada and the US, and there is noting to keep the Loonie from extending its fall. USDCAD, +0.0539% was among the worst performers Monday following the G-7 Summit that saw US President Donald […]

Mexico’s Peso Hammered as Donald Trump Explains “Wall” Policy

Mexico’s Peso Hammered as Donald Trump Explains “Wall” Policy

Mexico’s Peso Hammered as Donald Trump Explains “Wall” Policy $MXNUSD, $F, $GM, $TM Mexico propped up the Peso Thursday by selling at least $1-B in US currency in morning trading in an attempt to ease the prospect that President Elect Donald Trump’s policies will hurt the economy. Traders said that Mexico’s central bank made the […]

Mexico’s President Seeking Meeting with President Elect Trump

Mexico’s President Seeking Meeting with President Elect Trump

Mexico’s President Seeking Meeting with President Elect Trump Mexico is willing to hold talks with US President-elect Donald Trump to modernize the North American Free Trade Agreement, (NAPTA) President Enrique Pena Nieto said. Mexico will seek dialogue with the US on its trade relationship following comments made by Donald Trump during his campaign, President Pena […]

Donald Trump’s Win Hammers Carlos Slim By $5-1-B

Donald Trump’s Win Hammers Carlos Slim By $5-1-B

Donald Trump’s Win Hammers Carlos Slim By $5-1-B Mexico’s wealthiest person lost $5.1-B in the wake of Donald Trump’s upset victory over Democratic rival Hillary Clinton. Carlos Slim, who is 5th-richest in the world, shed 9.2% of his fortune after the Mexican Peso’s deep dive on the news. Mr. Slim led declines of $41-B on the Billionaires Index […]