# USD/MXN Rises As AMLO Reveals COVID-19 Infection, Economic Activity Weakens

> The Mexican peso weakened against the dollar on January 25, 2021 after President Lopez Obrador disclosed a COVID-19 infection with mild symptoms. Mexico's November economic activity rose 0.9% month on month, beating forecasts, while daily cases were climbing toward 10,000.

- Date: 2021-01-25 · published 2021-01-25T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/49359-usd-mxn-rises-as-amlo-reveals-covid-19-infection-economic-activity-weakens
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Peso weakness raises the peso cost of imported feed grains and meal for Mexican buyers, while the political and health uncertainty adds to currency volatility.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- fxdailyreport.com: https://fxdailyreport.com/usd-mxn-rises-as-amlo-reveals-covid-19-infection-economic-activity-weakens/

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