# Mexico's Carstens sees peso gains if U.S.-Mexico talks bring clarity | El Universal

> Mexican central bank governor Agustin Carstens said the peso is clearly undervalued and has overreacted to Trump's election. He said clearer US-Mexico talks should lead to peso appreciation.

- Date: 2017-01-30 · published 2017-01-30T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/73215-mexico-s-carstens-sees-peso-gains-if-u-s-mexico-talks-bring-clarity-el-universal
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Expected peso recovery would lower dollar-priced feed costs for Mexican buyers, but the outlook depends on trade-talk clarity, which keeps the currency and US export demand uncertain.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- eluniversal.com.mx: https://www.eluniversal.com.mx/articulo/english/2017/01/30/mexicos-carstens-sees-peso-gains-if-us-mexico-talks-bring-clarity/

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