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The USD/MXN pair traded at 18.41 on September 24, up 0.3% on the day, as the peso eased slightly ahead of Banxico's expected 25 bp cut to 7.50%. A Reuters survey of 24 analysts unanimously expected the cut, with a year-end rate near 7.00%.
The currency was still supported by the interest rate differential.
A weaker peso would raise the local cost of US dollar-priced feed imports, but the decision was widely expected, so the immediate price impact for feed buyers is limited.
fxstreet.comGhiles GuezoutSep 24, 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.
