Mexican Peso Outlook Today: Middle East Tensions Tank Stocks, But Mexico’s Peso Surges

The Mexican peso strengthened on Wednesday following President Claudia Sheinbaum's inauguration, as investors responded to promising economic signals from the United States. The domestic currency MXN= traded at 19.4364 pesos per dollar, showing a gain of 0.86% compared to Tuesday’s Reuters reference price. The appreciation followed a 0.37% gain during Tuesday’s international trading session, as Mexican markets were closed due to a public holiday marking the change of presidential leadership.