# USD/MXN: Dollar Gains Momentum as Trade Deal Weighs on Peso; Key US Data Looms - Forextraders.com

> The Mexican peso weakened to about 18.80 per USD as the dollar index rose to 98.67 after a US-EU trade deal was finalized on July 28. The deal sets a 15% US tariff on most EU imports, half the previously threatened 30%, and includes EU pledges to buy $750 billion of US energy over three years. The peso moved within a 18.60 to 19.20 range, with a weekly move of about 0.69%.

- Date: 2025-07-29 · published 2025-07-29T12:00:00.000Z
- Category: trade · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/23985-usd-mxn-dollar-gains-momentum-as-trade-deal-weighs-on-peso-key-us-data-looms
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

The deal lowered tariff-war risk and lifted the dollar, which raises the peso cost of dollar-priced feed imports for Mexican buyers. The impact on grain and meal prices is small.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- forextraders.com: https://forextraders.com/forex-news/usd-mxn-dollar-gains-momentum-as-trade-deal-weighs-on-peso-key-us-data-looms/

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