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USD/MXN fell toward 18.82, close to an 11-month low, as the dollar weakened on expectations of Fed easing. The peso was on course for a 2.4% weekly gain and had risen five sessions in a row.
Revised US first-quarter GDP showed a 0.5% contraction and jobless claims were at their highest since the pandemic.
Dollar weakness and a firmer peso lower the peso cost of US grain and meal imports for Mexican buyers, which can support demand. Broad dollar softness can also help dollar-priced commodity futures.
fxstreet.comGuillermo AlcalaJun 27, 2025Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
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.
