# USD/MXN Propped Up by Rising Yields and Weaker Equities | Forex trading, free forex education | Forex.ca

> USD/MXN rose to a three-month high on Feb 25 despite better-than-expected Mexican fourth-quarter growth, as rising US Treasury yields pressured equities and risk assets. The article forecasts further upside for the pair as yields are expected to keep rising.

- Date: 2021-02-28 · published 2021-02-28T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/48860-usd-mxn-propped-up-by-rising-yields-and-weaker-equities-forex-trading-free
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A weaker peso raises the local-currency cost of imported feed ingredients for Mexican buyers, while sustained dollar strength tends to pressure dollar-denominated commodity prices.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- forex.ca: http://www.forex.ca/usd-mxn-propped-up-by-rising-yields-and-weaker-equities/

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