# The Mexican peso is a barometer of Trump’s economic threat, and right now it’s really strong

> The Mexican peso has recovered to levels seen before Donald Trump's election, trading as low as 18.24 per dollar on June 6. The rally followed a June 5 election result and a June 6 agreement that resolved a US-Mexico sugar trade dispute.

- Date: 2017-06-07 · published 2017-06-07T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/70736-the-mexican-peso-is-a-barometer-of-trump-s-economic-threat-and-right-now-it-s
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A stronger peso and reduced trade tension lower Mexican import costs for dollar-priced feed and lower the risk of tariffs on US farm exports. The price effect is mainly through currency and trade sentiment.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- qz.com: https://qz.com/1000089/the-mexican-peso-is-a-barometer-of-trumps-economic-threat-and-right-now-its-really-strong

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