MXN and CAD are both lower, as are yen crosses as the yen gains form this latest politics induced turmoil.
Story so far:
- Trump says the US to impose 5% tariff on all goods from Mexico
- Trump intensifies his global trade war, yen crosses on the slide
- The 5 % tariff US President Trump just slapped on Mexico - here's how it will rise to 25% by October
- Mexico says if the US imposes the new tariffs Mexico will respond strongly
Forexlive gave a heads up on the hike in tariffs coming from Trump a couple of hours ago - forewarned is forearmed ladies and gentlemen:
Peso:
