
The Mexican peso rose 0.58% to 18.6407 per dollar on Friday, recovering after reaching its weakest level since August 2025 the previous day. Traders assessed U.S. employment figures and Banxico’s unexpected 25-basis-point rate cut, which narrowed the interest-rate advantage supporting the peso.
The smaller Mexico–U.S. rate differential can reduce demand for peso carry trades and weigh on the currency, although the peso rebounded in this session. A weaker peso, if sustained, would raise the local-currency cost of imported feed and other commodities.
Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.