The peso is tumbling after Mexico's president says he won't meet with Trump
The peso was tumbling Thursday after Mexico's president, Enrique Peña Nieto, announced he had canceled a meeting scheduled for next week with President Donald Trump.
The peso was down by 1.2% at 21.3175 per dollar as of 11:57 a.m. ET.
The currency had been up by as much as 0.8% at 20.9358 per dollar at about 8:50 a.m. ET.