Peso gains for third day this week

Bloomberg - Mexico’s peso gained for a third day this week as U.S. company earnings beat estimates. The peso rose 0.7 percent to 12.7841 per U.S. dollar at 8:59 a.m. New York time, from 12.8724 yesterday when the currency declined 0.8 percent. The peso has increased 2.4 percent in 2010, the second-best performer among 16 major currencies.

www.businessweek.com/news/2010-07-22/mexico-peso-gains-third-day-this-week-on-u-s-earnings-reports.html