# Mexican Peso Forecast 2026: Rabobank Sees USD/MXN Rising As Carry Trade Appeal Fades | Exchange Rates UK

> 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.

- Date: 2026-05-30 · published 2026-05-30T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/19464-mexican-peso-forecast-2026-rabobank-sees-usd-mxn-rising-as-carry-trade-appeal
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

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.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/46065/2026-05-30-mexican-peso-forecast-rabobank-sees-usd-mxn-rising-as-carry-trade-appeal-fades.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.