# USD/MXN drops below 19.20, to lowest in a week — Octa

> The USD/MXN fell below 19.20 to 19.13, its lowest level since February 11, as the US dollar weakened on lower US yields and improved risk appetite. Other emerging-market currencies such as the Brazilian real gained, while the Mexican peso lagged.

- Date: 2019-02-19 · published 2019-02-19T12:00:00.000Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/60806-usd-mxn-drops-below-19-20-to-lowest-in-a-week-octa
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A firmer peso lowers the local-currency cost of dollar-priced feed imports into Mexico. The move is a routine currency fluctuation with no new supply or demand driver for feed commodities.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- ms.octabroker.com: https://ms.octabroker.com/markets/news/view/668700/

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