Mexican Peso consolidates near strongest levels of the year

The Mexican peso depreciated against the dollar in the half-week session.The local currency fell after a three-day streak with profits that gave it a advance of more than 1% and that led it to touch a minimum not seen in the price since mid-October.The exchange rate ended the day at the level of 19,3716 units per dollar. Against a closing of 19,2757 units yesterday, with the official data of the Bank of Mexico (Banxico), that meant for the curre…

The Mexican peso is strengthened while the US dollar is still under pressure - World Stock Market

The Mexican weight gains strength before Trump’s “great beautiful” fiscal legislation. The economic projections for the United States and the direction of the US dollar remain the main drivers of the USD/MXN exchange rate. The USD/MXN remains below critical technical levels with a bearish momentum that pushes the downward MSI. The Mexican peso (MXN) remains firm against the US dollar (USD) on Tuesday after reaching a new maximum so far this year…

Mexican Peso consolidates near strongest levels of the year

The Mexican Peso (MXN) is holding firm against the US Dollar (USD) on Tuesday after reaching a fresh year-to-date high in the early hours of the European session as markets turn cautious ahead of Wednesday’s House vote on President Trump’s “One Big Beautiful Bill.”