# USD/MXN likely to climb back above the 19.00 mark, says Commerzbank | EconoTimes

> Commerzbank expects USD/MXN to climb back above 19.00, citing scepticism about a sustainable peso recovery given weak economic growth. The forecast also expects further Banxico rate cuts next year, and notes progress in US House ratification of USMCA.

- Date: 2019-12-19 · published 2019-12-19T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/55789-usd-mxn-likely-to-climb-back-above-the-19-00-mark-says-commerzbank-econotimes
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A weaker peso forecast would raise Mexico's local-currency cost of imported US feed, though the effect on commodity prices is modest.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- econotimes.com: https://econotimes.com/USD-MXN-likely-to-climb-back-above-the-1900-mark-says-Commerzbank-1570636

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