Background on the Mexican Peso and its Recent Performance
The Mexican peso showed a slight advance in the morning of this Friday, in a session anticipated to have reduced liquidity and few economic references due to the end-of-year vacation period. The Mexican currency was trading at 17.8967 pesos per dollar, with a marginal appreciation of 0.07% compared to the 17.9090 units per greenback from the London Stock Exchange’s (LSEG) reference price on Thursday.
Expert Analysis and Market Expectations
Felipe Mendoza, the CEO of investment management firm IMB Capital Quants, stated, “Looking ahead for the rest of the day, the most likely scenario is a stable peso, with a sideways bias, respecting the psychological range of 17.90–18 units.” He further added, “The absence of macro catalysts and low volume suggest that any movement could easily be reversed.”
Recent Trends and Context
Throughout 2025, nearing the end of the year, the peso has gained ground against the dollar. It closed the penultimate month of the year within the range of 18 pesos per dollar.
Key Questions and Answers
- Q: What is the current state of the Mexican peso against the US dollar?
A: The Mexican peso is slightly up against the US dollar, trading at 17.8967 pesos per dollar, with a marginal appreciation of 0.07% compared to the previous day’s reference price.
- Q: What factors are influencing the Mexican peso’s performance today?
A: The session is expected to have reduced liquidity and few economic references due to the end-of-year vacation period. Additionally, there is a lack of macro catalysts and low trading volume.
- Q: How has the Mexican peso performed against the US dollar in 2025 so far?
A: The Mexican peso has gained ground against the US dollar throughout 2025, closing the penultimate month of the year within the range of 18 pesos per dollar.
- Q: What do market experts predict for the Mexican peso’s movement today?
A: According to Felipe Mendoza, CEO of IMB Capital Quants, the peso is likely to remain stable with a sideways bias, respecting the psychological range of 17.90–18 units. He also noted that any movement could easily be reversed due to the low volume and absence of macro catalysts.
