# USD/MXN: Goldman to BBVA Say Dollar Weakness to Boost Mexican Peso

> Goldman Sachs and BBVA see dollar weakness boosting the Mexican peso, which had surged as the dollar fell. The currency had also been dubbed the super peso after its rally.

- Date: 2023-06-01 · published 2023-06-01T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/36164-usd-mxn-goldman-to-bbva-say-dollar-weakness-to-boost-mexican-peso
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Expected peso strength lowers the local cost of dollar-priced feed imports into Mexico, but the story is a routine currency outlook with no new supply or demand driver for grains.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-05-25/goldman-to-bbva-say-dollar-weakness-to-boost-mexican-peso

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