# Trump continues to make the Mexican peso great again

> The Mexican peso has been the strongest performing currency in the world so far in 2018, up more than 8.1% against the dollar. Analysts attribute the gain to expectations for a NAFTA resolution and reduced fears about Trump's policies toward Mexico.

- Date: 2018-03-30 · published 2018-03-30T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/66218-trump-continues-to-make-the-mexican-peso-great-again
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A stronger peso makes dollar-priced US feed grains more expensive for Mexican buyers, a modest headwind for US corn and soymeal export demand.

## Read by commodity

- CORN: bearish ▼
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-01-11 | [Mexican peso hits fresh lows ahead of Trump conference](https://feedsoft.ai/events/73212-mexican-peso-hits-fresh-lows-ahead-of-trump-conference.md) | +0.0% | +1.3% |
| CORN | 2025-03-31 | [Mexican Peso dwindles on recession jitters, awaits Trump’s announcement](https://feedsoft.ai/events/25796-mexican-peso-dwindles-on-recession-jitters-awaits-trump-s-announcement.md) | +0.4% | +4.2% |
| CORN | 2016-11-14 | [Mexico central bank seen hiking after peso's Trump tumble](https://feedsoft.ai/events/74066-mexico-central-bank-seen-hiking-after-peso-s-trump-tumble.md) | -3.6% | -0.7% |
| CORN | 2024-11-29 | [What is happening to BRL as the Brazilian Real collapses against the US Dollar](https://feedsoft.ai/events/27617-what-is-happening-to-brl-as-the-brazilian-real-collapses-against-the-us-dollar.md) | +1.1% | +6.9% |
| CORN | 2024-11-12 | [China’s yuan weakens to 3-1/2-month low as Trump tariff threat weighs - Markets - Business Recorder](https://feedsoft.ai/events/6701-china-s-yuan-weakens-to-3-1-2-month-low-as-trump-tariff-threat-weighs-markets.md) | -0.5% | +1.1% |

## Sources

- finance.yahoo.com: https://finance.yahoo.com/news/mexican-peso-strongest-currency-year-153934531.html

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