Loading…
A Reuters poll of 19 FX specialists, taken June 1-6, forecast the peso at 18.60 per US dollar in 12 months, a 6.5% weakening from 17.39 at the time. The forecast is still firmer than the previous month's one-year call.
Forecasts of a weaker peso would raise the peso cost of dollar-priced imports for Mexican feed buyers. The poll is a sentiment indicator and does not itself move prices.
reuters.comGabriel BurinJun 8, 2023Not enough comparable past events yet for a historical read.
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.
