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USD/MXN ended the week of June 19, 2020 near 22.55-22.60 after reaching above 22.80 on Thursday and finding support at 22.50 on Friday. Emerging market currencies including the Brazilian real and Mexican peso were among the weakest performers that week.
Weakness in the peso and real reflects economic and virus concerns in Latin America, which can raise import costs for feed ingredients and affect demand for regional meals.
octaafrica.netJun 19, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
