Trade War Risk Returns and North American Currencies Crack

North American currencies are splitting as the Federal Reserve turns more aggressive, with the Mexican peso and Canadian dollar diverging. Julian Pineda, StoneX Media Market Analyst, explains how the interest rate gap between the Federal Reserve, the Bank of Canada and the Bank of Mexico is shaping each currency. The Bank of Canada holds the region's lowest interest rate and a neutral stance, which reduces the appeal of the Canadian dollar. Mexico still carries the highest interest rate in North America, and that gap has supported the Mexican peso. Trade tension between the United States and China has already reached the Canadian dollar, and regional trade agreements tie Mexico to the same risk. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_julian_pineda&utm_content=share 00:00 - Rate Gap Splits North America 00:55 - Bank of Canada Stands Still 01:30 - Mexican Peso's Rate Cushion 02:27 - Trade War Risk Crosses Borders 03:08 - What to Watch Into Year End Like and subscribe for more financial market insights. #Forex #FederalReserve #StoneX #JulianPineda --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@StoneX_Official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social