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USD/MXN fell to about 18.50 after Banxico cut rates by 25 basis points to 7.5%, its lowest level since May 2022, citing weak growth and trade tensions. Traders were looking ahead to the US PCE Price Index and expected further cuts that could weigh on the peso.
Expected further Banxico easing could weaken the peso over time, raising the dollar cost of Mexican imports of feed ingredients, while the US PCE data could shift that outlook.
fxstreet.comAkhtar FaruquiSep 26, 2025Not 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.
