
The Octa analysis on September 15, 2022 says USD/MXN is trading near 20.07, its highest intraday level, as the US dollar strengthened broadly and Wall Street turned bearish. The pair has moved between 19.80 and 20.20 since mid-August.
The article notes the Fed is expected to raise rates by 75 basis points and Banxico is expected to follow on September 29.
A stronger dollar against the peso raises the cost of Mexican feed and meat imports priced in dollars and can slightly weigh on US commodity demand expectations, a modest bearish pressure on feed prices.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Tras 2356 eventos alcista de macro pasados, Dólar estadounidense (amplio) se movió una mediana de +0,2 % en 5 sesiones (60% al alza; mitad central entre -0,3 % y +0,7 %), y +0,4 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.