# USD/MXN hits 6-day highs above 19.30 — Octa

> The USD/MXN rose to a six-day high of 19.32 as the US dollar strengthened against most emerging-market currencies. Minutes from Banxico's latest meeting flagged risks from Pemex's financial fragility and a possible further credit downgrade.

- Date: 2019-02-21 · published 2019-02-21T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/60805-usd-mxn-hits-6-day-highs-above-19-30-octa
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A stronger dollar and a weaker peso raise the peso cost of imported feed ingredients for Mexican buyers. The Pemex risk adds to pressure on the peso, but the move is a currency-driven shift rather than a supply change.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/669834/

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