Monday, July 2, 2012

Reuters: US Dollar Report: Mexico peso weakens on U.S. manufacturing data

Reuters: US Dollar Report
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Mexico peso weakens on U.S. manufacturing data
Jul 2nd 2012, 14:21

MEXICO CITY, July 2 | Mon Jul 2, 2012 10:21am EDT

MEXICO CITY, July 2 (Reuters) - Mexico's currency slipped after industry data showed the U.S. manufacturing sector unexpectedly contracted in June for the first time in nearly three years.

The Mexican peso weakened as much as 0.584 percent to 13.4335 erasing early trading gains bolstered by a presidential election where the opposition front runner, who campaigned on fiscal and energy reforms, has claimed victory.

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