Peso volatility pulls millennials to currency trading

Word of mouth: one marketing tactic for getting millennials into currency trading

- By Laura Matthews
- 12 Jul 2018

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

An escalating trade war between the US and Mexico saw the peso decline to 20.45 – the lowest it had been in a year. It was a reversal of the trend that had seen the currency become the best performer in emerging markets, rising almost 7% against the dollar as early as May.

The sell-off intensified when Mexico retaliated to the 25% tariff on steel and 10% on aluminium imports implemented by US President Donald Trump in an attempt to gain more favourable trade terms for his country. It was clear

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com