virgo lady Posted January 12, 2023 Report Share Posted January 12, 2023 15 hours ago, lakeside7 said: Peso is 19.08 this am..pres Obrador must doing something right....or not Mexico and Canada won the auto parts ruling under the Free Trade deal arbitration action. They were essentially united in that, vs the US, which was taking a very unreasonable hard line position that even the auto manufacturers did not support......a political position trying to add more US jobs, but it would have hurt the entire industry continent wide, so that may have helped the peso and CDN dollar. Quote Link to comment Share on other sites More sharing options...
Mainecoons Posted January 12, 2023 Report Share Posted January 12, 2023 He's not running the printing press and neither is Canada. No surprise here about the result of wild deficit spending in the U.S. The dollar could go a lot lower, we are planning on 16. Mexico will also benefit from the mess in China that is causing manufacturing to move here from there. Despite the narco mess the outlook for Mexico is very positive going forward. Sure glad we didn't leave all our eggs in the NOB basket. Not going to be so cheap living here going forward for many of us. It will be interesting to see if this cools off the over heated RE market here. 2 Quote Link to comment Share on other sites More sharing options...
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