# Wall Street's Adoration For Mexico Waning

> Analysts say the Mexican peso has strengthened steadily since Trump's inauguration, helped by central bank hedging and expectations that NAFTA will survive. Lower US Treasury yields have also supported the peso. Economists warn that Mexico still faces substantial headwinds even if US rates rise.

- Date: 2017-04-12 · published 2017-04-12T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/71740-wall-street-s-adoration-for-mexico-waning
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A firmer peso lowers the local cost of imported feed ingredients, but the economic headwinds could weigh on Mexican livestock demand. The price effect on feed is modest.

## Read by commodity

- USDMXN: neutral

## Sources

- forbes.com: https://www.forbes.com/sites/kenrapoza/2017/04/12/wall-streets-adoration-for-mexico-waning/

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