# Octa — USD/MXN remains steady below 18.00, near 2017 lows

> USD/MXN has traded sideways below 18.00 in a range of roughly 17.60 to 17.97, near 2017 lows against the dollar. The pair was unaffected by the magnitude 8.1 earthquake that hit Mexico on September 8. Analysts expected the Fed to hold rates and Banxico to follow at its September 28 meeting.

- Date: 2017-09-13 · published 2017-09-13T12:00:00.000Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/69172-octa-usd-mxn-remains-steady-below-18-00-near-2017-lows
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Stable peso levels keep Mexican import costs for feed ingredients predictable, while the earthquake and NAFTA risks could shift that balance if they weaken the currency.

## Read by commodity

- USDMXN: neutral

## Sources

- octapk.info: https://www.octapk.info/markets/news/view/489188/

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