The Mexican peso opened at 20.54 pesos per U.S. dollar in international markets, marking a depreciation of 1.81% or 37 centavos compared to last Friday, according to Bloomberg data. Overnight trading saw the exchange rate exhibit volatility with an upward trend.
Today, the peso is impacted by the strengthening of the dollar after the announcement of the United States Trade Representative for the 2026 review of the US-Mexico-Canada Agreement (USMCA). Specialists from Monex commented on the implications that a more stringent review could have on Mexico’s economy.
The U.S. Dollar Index, which measures the greenback against six major world currencies, opened with an appreciation of 0.51%. The euro declined by 0.63% against the dollar, while the British pound lost 0.32%.
In the cryptocurrency market, Bitcoin—the largest by market capitalization—advanced 2.9%, maintaining investor interest.
As the week begins, global stock markets are mostly showing positive movements, sustaining the optimism generated by Donald Trump’s victory in the presidential elections. This sentiment has propelled the three major U.S. stock indices—the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite—to reach new all-time highs.
This week’s economic agenda highlights inflation figures, which will be crucial in determining the direction of U.S. monetary policy. On the corporate front, quarterly earnings from Disney and Applied Materials are expected in the coming days.
On Wall Street, futures for the main stock indices indicate a positive opening, with the Nasdaq Composite notably gaining 0.5%.
In Europe, stock markets are exhibiting positive movements, with the Euro Stoxx 600 up by 1.2%. Asian markets closed mixed; Japan’s Nikkei gained 0.08%, while Hong Kong’s Hang Seng Index dropped 1.45%.
The price of West Texas Intermediate (WTI) crude oil, the benchmark for Mexican oil exports, fell by 2.3% due to a stronger dollar and weak demand prospects in China.
