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Bloomberg reports that Argentina's peso is attracting carry-trade investors after President Javier Milei's party won the midterm elections, which has restored market confidence. Evidence of inflows into peso assets is mounting.
The peso had been seen as too unstable for such investors.
A firmer peso lowers the cost of Argentine exports in dollars for farmers, which can slow their selling of soybeans, meal and corn and support soymeal prices. Strong peso-supporting flows make Argentine oilseed supply less aggressive in global markets.
bloomberg.comIgnacio Olivera DollJan 29, 2026Not 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.
