Loading…

Rabobank forecasts USD/MXN rising to 17.9 over the next three months and stabilising near 17.8, as carry trade appeal fades. The bank expects Banxico to hold its policy rate at 6.50% through year-end, against market pricing of one more hike.
A weaker peso would raise the cost of Mexican imports of US feed grains and meal in pesos, while a firmer dollar tends to weigh on US export prices in local terms.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.