The Mexican peso is located this Friday in international markets at 17.32 units per dollar wholesale, which means an appreciation of 0.28% or five cents compared to the previous day, according to information from Bloomberg.
In the overnight session, the exchange rate presented volatility with a downward bias. After three days in which the parity established decreasing sequential minimums and maximums, yesterday it paused for consolidation, Monex specialists commented.
They explained that at the top, the resistance of 17.40 units was validated, which had previously been a key technical floor. While, in the lower part, the interannual minimum at 17.30 pesos is established as a short-term supportwith the first technical target at 17.24.
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The Dollar Index, which compares the behavior of the US currency against the other six major world currencies, dawns with a marginal appreciation of 0.04%. The euro is down 0.14% against the greenback, while the pound is up 0.07 percent.
Bitcoin, the currency with the largest assets in the cryptocurrency market, advances 0.53%, maintaining little appetite from investors.
Stock markets reflect profit taking and a pause after the rally of recent days, as investors remain cautious ahead of next week’s monetary policy decisions.
JM
Themes
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