MEXICO CITY, Feb 21 (Reuters) - Mexico's peso currency weakened for the third straight session on Thursday as investors worried about the health of the U.S. economy, while stocks jumped on international metals prices.
The peso MEX01 lost 0.05 percent to 10.7930 per dollar, while the benchmark IPC stock index .MXX rose 0.47 percent to 29,361.32 points.
Data in the United States showed manufacturing output in the mid-Atlantic region slowed to a seven-year low in February.
Economists say trouble in the U.S. economy could translate into less demand for Mexico's exports and the peso.
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Importance: This is important not only to Mexico but also to the world economy. The article indicates that because of this, there is less demand for Mexico's exports and the Peso. On a different note, U.S. manufacturing in the mid-atlantic is at a seven year low. This could also be relevant to the apparent upcoming recession.
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