# Insights | Research from State Street Markets | MXN vs Presidents

> A State Street Markets macro note says AMLO has favored a strong peso, which kept it firm alongside the dollar. It notes the president-elect's political preference on the exchange rate may shift as growth slows. The note frames the currency outlook around the incoming administration.

- Date: 2024-05-24 · published 2024-05-24T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/30484-insights-research-from-state-street-markets-mxn-vs-presidents
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A possible shift toward a weaker peso preference would raise the local cost of imported feed ingredients. The note is a view on policy direction rather than a discrete event.

## Read by commodity

- USDMXN: neutral

## Sources

- globalmarkets.statestreet.com: https://globalmarkets.statestreet.com/research/portal/insights/article/8905bb8e-42b2-42c4-a6f9-3126e9efa763

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