# Colombian peso, markets down after Trump victory

> Latin American markets sold off after Donald Trump's US election victory, with the Mexican peso falling more than 13 percent. The Colombian peso fell 2.81 percent to 3,038 per dollar from the prior close of 2,955.

- Date: 2016-11-09 · published 2016-11-09T12:00:00.000Z
- Category: macro · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/74113-colombian-peso-markets-down-after-trump-victory
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker Colombian peso and Mexican peso raise the local-currency cost of imported feed ingredients for Latin American buyers, while stronger dollar conditions pressure dollar-denominated grain prices.

## Read by commodity

- DXY: bullish ▲
- USDCOP: bullish ▲
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-12-08 | [EMERGING MARKETS-Colombian peso up after inflation data; Latam FX, stocks slip on the week](https://feedsoft.ai/events/32984-emerging-markets-colombian-peso-up-after-inflation-data-latam-fx-stocks-slip-on.md) | -0.9% | -1.1% |
| DXY | 2016-11-14 | [Emerging market bond, currency markets face ‘meltdown’ after Trump's win](https://feedsoft.ai/events/74153-emerging-market-bond-currency-markets-face-meltdown-after-trump-s-win.md) | +1.4% | +0.8% |
| DXY | 2018-08-15 | [Colombia's central bank calm after US dollar hits COP3000 mark - Colombia News](https://feedsoft.ai/events/63804-colombia-s-central-bank-calm-after-us-dollar-hits-cop3000-mark-colombia-news.md) | -0.7% | -0.4% |
| DXY | 2023-01-05 | [Colombian peso hits 6-week low as U.S. data boosts Fed hike bets](https://feedsoft.ai/events/38077-colombian-peso-hits-6-week-low-as-u-s-data-boosts-fed-hike-bets.md) | -1.1% | -2.6% |
| DXY | 2016-11-09 | [U.S. stocks, bond yields jump after Trump shock, Mexican peso falls](https://feedsoft.ai/events/8177-u-s-stocks-bond-yields-jump-after-trump-shock-mexican-peso-falls.md) | +3.1% | +3.3% |

## Sources

- reuters.com: https://www.reuters.com/article/colombia-usa-markets-idUSL1N1DA1O1/?feedName=usDollarRpt&feedType=RSS

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