# Mexico peso firms over 1 pct as Trump softens campaign pledges

> The Mexican peso gained over 1 percent to about 20.64 per dollar in Asian trading on Sunday after Trump appeared to soften some campaign pledges seen as harmful to Mexico's economy. The move followed a record low for the currency.

- Date: 2016-11-13 · published 2016-11-13T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/74067-mexico-peso-firms-over-1-pct-as-trump-softens-campaign-pledges
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A firmer peso eases Mexican import costs for feed and grain, supporting demand from a key U.S. export market. The shift in Trump's rhetoric reduces near-term trade-policy risk for agricultural exports.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/mexico-peso-idUSL1N1DE0GW/?feedName=usDollarRpt&feedType=RSS

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