INSUBCONTINENT EXCLUSIVE:
The Mexican peso regained ground on Friday morning after hitting its lowest level in two and a half years
dollar price fluctuated between a high of 20.9393 and a low of 20.7204 units
The Dollar Index (DXY) rose 0.16% to 109.11 units
This index compares the greenback against a basket of six reference currencies.In addition, the slight increase indicates ongoing strength
in the US dollar against other major currencies
(Photo Internet reproduction)His first term saw actions against Mexico and China
Trade DynamicsBanamex analysts outlined two scenarios for peso strengthening
The first involves less aggressive tariffs than expected
The second scenario sees Trump imposing higher tariffs on China while sparing Mexico and the rest of the world for now.Mexico solidified its
From January to November, 83% of national exports went to the US
This relationship drives the Mexican economy, making it vulnerable to US policy changes.The peso depreciated sharply by 1.60% yesterday
The week closes with a session of few changes and no significant economic indicators scheduled.Monex Grupo Financiero analysts noted the
Markets now await more economic data from the United States to guide future movements.
