Dollar Rallies, Mexican Peso Slumps on Trump's Tariff Threat [Yahoo! Finance Canada]
StoneX Group Inc. (SNEX)
Company Research
Source: Yahoo! Finance Canada
(Bloomberg) -- The dollar gained, erasing a chunk of Monday's decline, after President-elect Donald Trump said the US will impose more tariffs on key trading partners. Most Read from Bloomberg 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 comments on social media during his first term as the US President often triggered sudden market swings, up
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News
- Dollar Rallies, Mexican Peso Slumps on Trump's Tariff Threat [Yahoo! Finance]Yahoo! Finance
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SNEX
Earnings
- 11/19/24 - Beat
SNEX
Sec Filings
- 11/25/24 - Form 144
- 11/25/24 - Form 4
- 11/22/24 - Form 144
- SNEX's page on the SEC website