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Before Banco de México cut its target rate from 6.50% to 6.25%, asset managers were net short 36,349 Mexican-peso futures contracts while leveraged funds were net long 71,381. Their positioning gap widened 15.2% in a week, even as the peso strengthened against the dollar in the official FIX sequence from November 3 to 6.
The opposing futures positions show uncertainty about the peso’s direction; the article does not establish a clear currency-price signal for feed buyers. No feed commodity supply or demand change is reported.
fxnews.aiFXNews News DeskNov 8, 2026Not enough comparable past events yet for a historical read.
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.
