# EMERGING MARKETS-Energy reform fears trip up Mexico’s peso – Reuters – Global Stock News

> The Mexican peso fell about 1% on July 13 amid U.S. inflation data and concerns over Mexico's energy reform. Brazil's services activity also surged in May.

- Date: 2021-07-13 · published 2021-07-13T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/46279-emerging-markets-energy-reform-fears-trip-up-mexico-s-peso-reuters-global-stock
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Peso weakness raises the local-currency cost of imported feed ingredients for Mexican livestock and poultry producers. The move is driven mainly by currency and policy sentiment rather than grain supply.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- globalstocknews.org: https://globalstocknews.org/emerging-markets-energy-reform-fears-trip-up-mexicos-peso-reuters/

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