# Mexican Peso Makes Gains Ahead of US Central Bank Announcement

> The Mexican peso recovered to about MX$20.015 per dollar, a gain of 0.23%, as investors awaited the U.S. Federal Reserve's policy decision. The peso has stayed below the 20-peso barrier since June 2020, though it remains well above its pre-pandemic level.

- Date: 2021-07-26 · published 2021-07-26T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/46280-mexican-peso-makes-gains-ahead-of-us-central-bank-announcement
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A firmer peso eases the dollar cost of feed imports for Mexican buyers. The effect on grain prices is limited, since the move reflects currency flows rather than a change in supply or demand.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- mexicobusiness.news: https://mexicobusiness.news/professional-services/news/mexican-peso-makes-gains-ahead-us-central-bank-announcement

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