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Stock impact report

Dollar Rallies, Mexican Peso Slumps on Trump's Tariff Threat [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg New York City's ‘Living Breakwaters' Brace for Stormier Seas In Kansas City, a First-Ever Stadium Designed for Women's Sports Takes the Field NYC's Underground Steam System May Be Key to a Greener Future NYC Gets Historic Push for 80,000 Homes With $5 Billion Pledge China's offshore yuan fell 0.4% against the greenback after Trump said he would impose an extra 10% tariffs on goods from China. He also vowed to enact 25% tariffs on all products from Mexico and Canada, sending their respective currencies tumbling more than 1% each. “Risk sentiment is getting crushed for now on Trump's tariff risks — the dollar is being viewed as a haven and the affected nations' currencies like the Mexican peso is getting hammered,” said Mingze Wu, currency trader at StoneX Financial. “This may just be a taste of what's to come.” Trump's posts on his Truth Social platform were the first reminder since his re-election of the volatility his comments can cause. His co Show less Read more
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