The Mexican peso is jumping on hope for NAFTA progress

The peso was up nearly 1% on Friday.
The US and Mexico have reportedly made progress on NAFTA.
Watch the peso trade in real time here.
The Mexican peso rose nearly 1% on Friday after reports that the US and Mexico were nearing a preliminary breakthrough on NAFTA, which would bring the two countries and Canada closer to resolving back-and-forth trade negotiations that have dragged on for more than a year.
Reuters reports that disputes about auto rules have pushed talks into next week, but the US