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peso vs dollar

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Post by gvprod Mon Feb 16, 2015 10:01 am

Will the peso continue to fall over the next months?
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Post by David Mon Feb 16, 2015 10:13 am

Not much IMHO.
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Post by CanuckBob Mon Feb 16, 2015 10:57 am

I don't think it is the peso falling. It is more so the US dollar rising. No?
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Post by David Mon Feb 16, 2015 11:01 am

Some of each; the Peso is falling along with the price of oil, the $USD is strengthening due to a growing economy (as compared to Europe and Japan).
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Post by CanuckBob Mon Feb 16, 2015 11:09 am

One would think a high dollar would work against the economy particularily with exports however I suppose the lower cost of oil is countering that effect to some degree.
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Post by David Mon Feb 16, 2015 1:15 pm

Yes, since the US imports a lot of oil the lower price has a positive effect.
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Post by gvprod Mon Feb 16, 2015 4:28 pm

Thank you all
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