This Great Graphic composed on Bloomberg shows the Canadian dollar against the Mexican peso since the start of last year. There have been three big moves. The Canadian dollar trended lower against the peso as it corrected from the sharp sell-off induced in great measure to the candidate Trump's rhetoric against Mexico. However, shortly before the inauguration, the peso began recovering continued through H1 17. In Bank of Canada hiked rates twice in Q3 17 and this helped fuel the Canadian dollar's recovery in H2. In Q4 17, the Mexican peso, alongside other emerging market currencies weakened. The Canadian dollar ... (full story)