# Mexico Peso Rallies On Comments From Trump Administration Officials | Fox Business

> The Mexican peso strengthened against the dollar after senior Trump administration officials stressed positive relations with Mexico. Treasury Secretary Mnuchin and Secretary of State Tillerson both signalled cooperation, and the peso traded at its strongest since the November 9 election.

- Date: 2017-02-23 · published 2017-02-23T12:00:00.000Z
- Category: geopolitics · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/72716-mexico-peso-rallies-on-comments-from-trump-administration-officials-fox-business
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Easing trade tension with Mexico reduces the risk of disruption to US corn exports, its largest market, supporting feed grain demand expectations.

## Read by commodity

- CORN: bullish ▲
- USDMXN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-02-25 | [Rabobank commentary: Implications of Russia Ukraine conflict for Australian wheat](https://feedsoft.ai/events/42756-rabobank-commentary-implications-of-russia-ukraine-conflict-for-australian-wheat.md) | +6.6% | +10.3% |
| CORN | 2022-02-24 | [Food inflation risks balloon as prices of wheat to palm oil soar \| INTERNATIONAL ECONOMY NEWS - Business Standard](https://feedsoft.ai/events/9675-food-inflation-risks-balloon-as-prices-of-wheat-to-palm-oil-soar-international.md) | +6.5% | +12.3% |
| CORN | 2022-02-23 | [Impact of Russia-Ukraine on supply chains: food, metals, commodities](https://feedsoft.ai/events/42750-impact-of-russia-ukraine-on-supply-chains-food-metals-commodities.md) | +7.5% | +12.7% |
| CORN | 2026-07-22 | [Chicago wheat jumps on renewed attacks on Black Sea ports - Markets - Business Recorder](https://feedsoft.ai/events/9558-chicago-wheat-jumps-on-renewed-attacks-on-black-sea-ports-markets-business.md) | +0.7% | +0.1% |
| CORN | 2026-07-31 | [Wheat Futures Rally on Black Sea Escalation as Market Tests Key Resistance](https://feedsoft.ai/events/18379-wheat-futures-rally-on-black-sea-escalation-as-market-tests-key-resistance.md) | -1.6% | +9.4% |

## Sources

- foxbusiness.com: https://www.foxbusiness.com/markets/mexico-peso-rallies-on-comments-from-trump-administration-officials

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