# Peso Strengthens 2.3%, Hits Record Under Sheinbaum as USD Weakens

> The peso closed the week of May 23 at its strongest level since Claudia Sheinbaum took office, gaining 2.3% against the dollar. The US Dollar Index fell 2.06% to 99.10 over the same period amid trade tensions between the US and China. Other currencies including the Brazilian real and the euro also gained against the dollar.

- Date: 2025-05-26 · published 2025-05-26T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/24901-peso-strengthens-2-3-hits-record-under-sheinbaum-as-usd-weakens
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Broad dollar weakness makes US commodities cheaper for buyers using other currencies, which can support export demand. The move is mostly macro-driven and its effect on feed prices is limited.

## Read by commodity

- DXY: bearish ▼
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-11-26 | [South African rand strengthens as downbeat US data weakens dollar \| CNBC Africa](https://feedsoft.ai/events/22251-south-african-rand-strengthens-as-downbeat-us-data-weakens-dollar-cnbc-africa.md) | -0.7% | -1.8% |
| DXY | 2024-03-20 | [Dollar weakens after Fed meeting, yen strengthens](https://feedsoft.ai/events/31389-dollar-weakens-after-fed-meeting-yen-strengthens.md) | +0.1% | +1.8% |
| DXY | 2025-07-05 | [Colombian Peso Strengthens as US Dollar Continues to Decline](https://feedsoft.ai/events/24064-colombian-peso-strengthens-as-us-dollar-continues-to-decline.md) | +0.6% | +1.7% |
| DXY | 2025-09-28 | [USD/JPY strengthens to near 149.50 as US PCE data reinforces Fed dovish bets](https://feedsoft.ai/events/23130-usd-jpy-strengthens-to-near-149-50-as-us-pce-data-reinforces-fed-dovish-bets.md) | -0.3% | +0.3% |
| DXY | 2023-12-22 | [Peso strengthens to best rate against the US dollar since August](https://feedsoft.ai/events/32933-peso-strengthens-to-best-rate-against-the-us-dollar-since-august.md) | -0.8% | +1.5% |

## Sources

- mexicobusiness.news: https://mexicobusiness.news/finance/news/peso-strengthens-23-hits-record-under-sheinbaum-usd-weakens

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