# Mexico and Trump: Traders are going to keep watching the peso after the election

> Traders are closely watching the Mexican peso after Trump's election, as he has called for a border wall, mass deportations and withdrawal from NAFTA. The dollar-peso traded near 19.95 on Wednesday morning while U.S. stocks made slight gains.

- Date: 2016-11-09 · published 2016-11-09T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/74070-mexico-and-trump-traders-are-going-to-keep-watching-the-peso-after-the-election
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Currencies tied to trade with the U.S. have fallen the most, which raises Mexican import costs for feed and grain. The trade-policy uncertainty signals risk to Mexican demand for U.S. agricultural exports.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2016/11/09/mexico-and-trump-traders-are-going-to-keep-watching-the-peso-after-the-election.html

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