# Banxico's de Leon: Peso to see new bouts of volatility if trade tensions intensify, data surprises - Forex Crunch

> Banxico Governor Diaz de Leon said core inflation remains a challenge and that the central bank will assess new data before taking further policy action. He also flagged PEMEX credit ratings as a concern and warned the peso could become more volatile if trade tensions or data surprises intensify.

- Date: 2019-08-16 · published 2019-08-16T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/57818-banxico-s-de-leon-peso-to-see-new-bouts-of-volatility-if-trade-tensions
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Expected peso volatility from trade tensions can change the cost of dollar-priced feed imports for Mexican buyers. The comments are a central bank outlook rather than a new shock.

## Read by commodity

- USDMXN: neutral

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2019/08/16/banxicos-de-leon-peso-to-see-new-bouts-of-volatility-if-trade-tensions-intensify-data-surprises/

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