# EMERGING MARKETS-Colombian peso slips ahead of weekend election

> The Colombian peso slipped 0.3% against the dollar ahead of Sunday's presidential election, where leftist Gustavo Petro was expected to win. Latin American currencies were on track for a second straight week of gains, and the peso was up 1% on the week.

- Date: 2022-05-27 · published 2022-05-27T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/41670-emerging-markets-colombian-peso-slips-ahead-of-weekend-election
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Political risk in Colombia is weighing on the peso despite firmer oil prices, a currency move with minimal direct impact on feed grain or meal prices.

## Read by commodity

- USDCOP: bearish ▼

## Sources

- finance.yahoo.com: https://finance.yahoo.com/news/emerging-markets-colombian-peso-slips-193917720.html

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