# Results on the peso, GDP, IGAE and ENOE in Mexico - Opportimes

> The Mexican peso opened Feb 25 down 1.63%, trading near 20.71 per dollar, as contagion from weaker South African rand and Turkish lira and a rise in US 10-year Treasury yields to about 1.45% pressured the currency. Local risk aversion was also cited.

- Date: 2021-02-25 · published 2021-02-25T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/48862-results-on-the-peso-gdp-igae-and-enoe-in-mexico-opportimes
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency weakness and higher US yields raise the cost of imported feed inputs for Mexican buyers and signal tighter global financial conditions that can weigh on commodity prices.

## Read by commodity

- DXY: bullish ▲
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-01-29 | [The peso loses 49.4 cents against the dollar in the week - Opportimes](https://feedsoft.ai/events/49360-the-peso-loses-49-4-cents-against-the-dollar-in-the-week-opportimes.md) | +0.7% | +0.7% |
| DXY | 2020-08-26 | [Historic fall in Mexico's Q2 GDP weighs on peso - Markets - Business Recorder](https://feedsoft.ai/events/51831-historic-fall-in-mexico-s-q2-gdp-weighs-on-peso-markets-business-recorder.md) | -1.1% | +0.4% |
| DXY | 2026-10-01 | [Mexican Peso plunges as US-Mexico interest rate differential reduces](https://feedsoft.ai/events/17689-mexican-peso-plunges-as-us-mexico-interest-rate-differential-reduces.md) | +0.2% | +0.6% |
| DXY | 2016-06-24 | [Currencies on Brexit rollercoaster, pound gyrates with early results trickle in](https://feedsoft.ai/events/6957-currencies-on-brexit-rollercoaster-pound-gyrates-with-early-results-trickle-in.md) | +1.7% | +2.5% |
| DXY | 2024-04-30 | [Mexican Peso slumps as US ECI costs rose, bolstering the US Dollar](https://feedsoft.ai/events/30947-mexican-peso-slumps-as-us-eci-costs-rose-bolstering-the-us-dollar.md) | -0.5% | -0.9% |

## Sources

- opportimes.com: https://www.opportimes.com/en/results-on-the-peso-gdp-igae-and-enoe-in-mexico/

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