04/16/2018 The Wall Street Journal
The Canadian dollar and Mexican peso rose against the dollar Monday, reflecting fresh optimism on trade negotiations with the U.S.
The dollar was recently down 0.1% against the Mexican peso to 18.03, its lowest level since late September. The U.S. currency was down 0.2% against the Canadian dollar to C$1.2577, hovering near a two-month low.
Some investors have become more optimistic that negotiators are closer to reaching a deal to revise the North American Free Trade Agreement, or Nafta, after reports that the Trump administration is hammering out a compromise on auto-industry rules.