Trump’s Mexico Threats Losing Punch as Peso Tops Currency Gains
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Since Donald Trump took up residence in the West Wing, his threats have lost some of their potency in the market.
At least that’s the story told by the Mexican peso, which acted as the best barometer of his fortunes throughout the presidential race, and then plunged to a record low after his election-day surprise. The effect -- or lack thereof -- has also shown up in the oil market.