US extends non-essential travel restrictions on Canada, Mexico through June 22
|Late-Tuesday in the US, Reuters came out with the news, citing the US Department of Homeland Security (DHS), which suggests extended non-essential travel restrictions at US land borders with Mexico and Canada through June 22. The news came as an update to the previous notice that was to expire on Wednesday, the report said.
Key quotes
‘Non-essential travel will not be permitted until this administration is convinced that doing so is safe and secure,’ Acting DHS Secretary Chad Wolf said in a statement.
‘We have been in contact with our Canadian and Mexican counterparts and they also agree that extending these restrictions is prudent at this time.’
Earlier on Tuesday, Prime Minister Justin Trudeau said Canada and the United States have agreed to extend a ban on non-essential land travel between the two nations by another 30 days.
FX implications
Both USD/CAD and USD/MXN stepped back from Tuesday’s daily top to respectively around 1.3945 and 23.70 after the news.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.