# USD/MXN hits weekly highs on top of 19.50 — Octa

> The Mexican peso fell for a second day against the dollar, with USD/MXN climbing to 19.54. The dollar strengthened against Latin American and emerging market currencies, and the Brazilian real hit a record low.

- Date: 2019-11-26 · published 2019-11-26T12:00:00.000Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/56273-usd-mxn-hits-weekly-highs-on-top-of-19-50-octa
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker peso and real make Mexican and Brazilian feed purchases more expensive in dollar terms, which can slow demand for US grain and meal.

## Read by commodity

- USDBRL: bullish ▲
- USDMXN: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/777381/

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