MARS4 USD Price & Performance (MARS4USD)

The Mexican peso reached its strongest value against the US dollar this year, briefly trading at 20.05 per dollar. This comes despite US-imposed steel and aluminum tariffs. Currency strength was supported by a slowdown in US wholesale price inflation, fueling speculation about potential Federal Reserve rate cuts.1

President Trump has announced April 2 as "Liberation Day" for new tariffs targeting all trading partners. The 25% metal tariffs have already sparked retaliatory measures from the EU and Canada. The tariffs, seen as a key policy shift, are raising economic uncertainties globally, impacting industries like whiskey and agriculture.2

Celanese has increased its purchase caps for tender offers, accepting €552 million and $500 million in senior notes. The offers were fully subscribed by the early deadline, reflecting robust investor confidence. This move is part of Celanese’s strategy to optimize its debt profile and manage upcoming maturities effectively.3