Mexico peso cuts losses after Trump says NAFTA talks going well

By Kitco News / January 23, 2018 / www.kitco.com / Article Link

MEXICO CITY, Jan 23 (Reuters) - Mexico's peso pared sharp losses on Tuesday after U.S. President Donald Trump said talks to renegotiate the North American Free Trade Agreement (NAFTA) were going well.

The peso, which had shed as much as 1 percent earlier in the session on concerns over potential U.S. protectionism, traded nearly flat after Trump's comments.A sixth round of talks to overhaul the NAFTA deal between the United States, Mexico and Canada kicked off in Montreal on Tuesday.


(Reporting by Sheky Espejo)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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