The US Dollar Index (DXY), which measures the US Dollar’s value against six major currencies, rises for the fifth successive ...
There was a defensive rally in the dollar, and it was the commodity currencies -- the Australian and New Zealand dollars -- that were hit hard, as well as the Mexican peso and Canadian dollar. The ...
The US made good on its threats to levy 25% tariffs on Canada and Mexico, and 10% tariffs on China. The dollar did not trade ...
The rand also dropped, shedding as much as 2%, after Trump said the US would stop sending aid to SA over its land ...
Relatively high interest rates, close proximity to the U.S., and vast petroleum reserves are all factors that contribute to the liquidity of the Mexican peso.
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