# Mexican peso appreciates 2% as Trump fuels fight with Fed

> The Mexican peso reached its strongest level against the dollar in six months, trading near 19.58 per dollar on April 21. The move followed a weaker dollar amid tensions between Trump and the Federal Reserve.

- Date: 2025-04-21 · published 2025-04-21T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/25343-mexican-peso-appreciates-2-as-trump-fuels-fight-with-fed
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer peso reduces the local currency cost of imported feed ingredients, while dollar weakness can support US commodity export prices in dollar terms.

## Read by commodity

- DXY: bearish ▼
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-09-07 | [Rupiah appreciates as Fed delays tapering - ANTARA News](https://feedsoft.ai/events/45367-rupiah-appreciates-as-fed-delays-tapering-antara-news.md) | +0.4% | +1.5% |
| DXY | 2020-09-30 | [Latam FX rise as dollar steadies; Mexican peso shines](https://feedsoft.ai/events/51308-latam-fx-rise-as-dollar-steadies-mexican-peso-shines.md) | -1.1% | -1.5% |
| DXY | 2023-05-03 | [USD/MXN: Mexican Peso Jumps to Strongest Since 2017 After Fed Decision - Bloomberg](https://feedsoft.ai/events/36166-usd-mxn-mexican-peso-jumps-to-strongest-since-2017-after-fed-decision-bloomberg.md) | -0.7% | +1.1% |
| DXY | 2023-05-25 | [Why is the Mexican Peso Gaining against the Dollar?](https://feedsoft.ai/events/36160-why-is-the-mexican-peso-gaining-against-the-dollar.md) | -0.4% | -1.1% |
| DXY | 2024-08-23 | [South African rand jumps as Fed's Powell signals lower rates](https://feedsoft.ai/events/29087-south-african-rand-jumps-as-fed-s-powell-signals-lower-rates.md) | -0.1% | -0.8% |

## Sources

- mexiconewsdaily.com: https://mexiconewsdaily.com/news/mexican-peso-appreciates-trump-fight-fed/

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