The Mexican peso is all over the place

The Mexican peso is back down again after retracing its losses minutes earlier.

The currency is down by 0.4% at 21.8862 per dolla as of 11:57 a.m. ET.

The peso rallied to being little changed for the day at 21.7819 per dollar around 11:45 a.m. ET after earlier being down by about 1.0% at 22.0196 per dollar around 11 a.m. ET.

This follows Tuesday, when it dropped to a new record low. 

The currency became something of a gauge of Trump's prospects during the last few months leading up to the election. When traders thought Trump's prospects of...
6 Published By - Business Insider - 2017.01.11. 16:51
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