
The Mexican peso gained 0.58% on Friday, rising to 18.6407 per dollar after touching its weakest level since August 2025 the previous day. Markets assessed U.S. employment data and interest-rate expectations following Banxico’s 25-basis-point rate cut.
Banxico’s rate cut reduces the rate advantage that had supported peso carry trades, potentially leaving the currency vulnerable despite the day’s recovery. A weaker peso would increase the local-currency cost of imported feed 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.