Mexico Peso Forecast to Go From First to Worst Amid Trump Threat
- Currency has led gains among world’s major currencies in 2017
- Some analysts forecast a turnaround during second-quarter
This article is for subscribers only.
The world’s top-performing major currency could be in for a swift reversal.
Mexico’s peso, which has surged this year on wagers the selloff that followed Donald Trump’s election victory was overdone, is projected to weaken 5.4 percent by the end of June. That’s the worst forecast among 43 currencies tracked by Bloomberg.