# Canadian Dollar, Mexican Peso Whacked on Report Canada Thinks Trump Will Leave NAFTA - Business Insider

> The Canadian dollar and Mexican peso fell after a Reuters report that Canada expects President Trump to pull the US out of Nafta. The peso was down about 0.85% at 19.40 per dollar. The report drove the moves in both currencies.

- Date: 2018-01-10 · published 2018-01-10T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/67245-canadian-dollar-mexican-peso-whacked-on-report-canada-thinks-trump-will-leave
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A Nafta exit threat hits the peso, which raises the cost of US grain and feed imports for Mexico. It also shows the currency-linked risk to North American feed trade.

## Read by commodity

- USDCAD: bullish ▲
- USDMXN: bullish ▲

## Sources

- businessinsider.com: https://www.businessinsider.com/canadian-dollar-mexican-peso-whacked-on-report-canada-thinks-trump-to-pull-us-out-of-nafta-2018-1

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.