# Mexican Peso Tumbles Against the Dollar - WSJ

> Investors sold the Mexican peso and moved into haven assets on May 31 after President Trump threatened tariffs on Mexico. The peso was down about 2.5% against the dollar after hitting its weakest level of the year earlier in the session. The yen rose 1.3% against the dollar, while gold and the Swiss franc also gained.

- Date: 2019-05-31 · published 2019-05-31T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/59299-mexican-peso-tumbles-against-the-dollar-wsj
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Risk-off flows tied to the Mexico tariff threat point to pressure on Mexican trade and demand for U.S. exports. Weaker emerging-market currencies can also dampen import demand from Mexico.

## Read by commodity

- DXY: bullish ▲
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-08-13 | [US dollar soars against the Japanese yen on easing trade tensions](https://feedsoft.ai/events/57815-us-dollar-soars-against-the-japanese-yen-on-easing-trade-tensions.md) | +0.5% | +0.3% |
| DXY | 2024-11-26 | [Dollar climbs against dong - VnExpress International](https://feedsoft.ai/events/27693-dollar-climbs-against-dong-vnexpress-international.md) | -0.0% | +1.1% |
| DXY | 2025-01-29 | [Dollar strengthens against yen - Business & Finance - Business Recorder](https://feedsoft.ai/events/26746-dollar-strengthens-against-yen-business-and-finance-business-recorder.md) | -0.1% | -0.8% |
| DXY | 2025-03-01 | [Rupee falls 22 paise to 87.41 against US dollar in early trade today](https://feedsoft.ai/events/26310-rupee-falls-22-paise-to-87-41-against-us-dollar-in-early-trade-today.md) | -1.8% | -1.5% |
| DXY | 2024-11-26 | [Morning Bid: Trump tariff threat jolts Canadian dollar, peso, yuan \| Reuters](https://feedsoft.ai/events/27607-morning-bid-trump-tariff-threat-jolts-canadian-dollar-peso-yuan-reuters.md) | -0.0% | +1.1% |

## Sources

- wsj.com: https://www.wsj.com/articles/mexican-peso-tumbles-against-the-dollar-11559312869

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