Peso

USD/MXN has started to post a gain of around 0.7% in favor of the U.S. dollar, mainly as the market positions ahead of the Bank of Mexico’s upcoming monetary policy decision.

The Mexican peso has now posted more than two consecutive sessions of gains against the U.S. dollar, with the USD/MXN currently retreating by nearly 1%, holding at the key support level of 19.50 pesos per dollar.

Several sessions have passed since the Mexican peso's bullish momentum pushed the USD/MXN pair below the key 20 pesos per dollar level. Since breaking that threshold, the pair has dropped nearly 2.5%, but neutrality has recently set in, consolidating around the 19.50 level.

Despite showing a slight pullback in yesterday’s session, the USD/MXN has posted a gain of more than 2.3% over the past seven trading sessions, favoring the U.S. dollar.

The USD/MXN has reacted once again, posting a new bullish move of over 1 % today in favor of the U.S. dollar. The strong bearish sentiment surrounding the Mexican peso has resurfaced following recent comments by President Trump.

The USD/MXN continues to recover, advancing approximately 0.5% above the key support level in the 20 pesos per dollar zone, favoring the U.S. dollar.

The USD/MXN has fallen more than 2.5% over the last five trading sessions, reaching 19.80 pesos per dollar, a level not seen since November 2024.

After a long session of indecision in USD/MXN movements, during which the pair surged by more than 4%, the Mexican peso has managed to recover nearly all of its losses and remains in a neutral zone against the U.S. dollar.

It has been a challenging start to the week for the Mexican peso, as USD/MXN has risen by more than 1.5%, favoring the U.S. dollar in the short term.