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The Mexican peso rose as much as 1% against the dollar on August 27, 2018 after reports of a breakthrough in US-Mexico NAFTA talks. Mexico's economy minister said at least one major issue was still pending.
The reports indicated the deal was not yet final.
Currency strength on trade optimism supports Mexican import purchasing power for US farm goods. The gain was tied to headlines and may reverse if talks stall.
markets.businessinsider.comGina HeebAug 27, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
