He Mexican weight depreciates against him dollar The morning of Wednesday. The local currency falls in the middle of the week, after having registered yesterday a sixth consecutive advance, while investors expect the publication of the minutes of the Federal Reserve (Fed).
He exchange rate Spot It is located at the level of 20,3961 pesos per dollar. Compared to the official closure of 20,2732 units of yesterday, with the data of the Bank of Mexico (Banxico), that movement means a loss of 12.29 cents or 0.60 percent.
He dollar price It moves in a range with a maximum of 20,3877 units and a minimum level of 20,2010. He Dollar index (DXY), of the Intercontinental Exhcnage, which compares the dollar with a basket of six reference currencies, rose 0.02% to 107.07 units.
The Fed pauses the cuts of interest rates in its January meeting, before signals of possible inflationary rebound and with the doubts in the market about the impact that the tariff policy of the president of the United States will have on the economy, Donald Trump.
Donald Trump said Tuesday that he intends to impose tariffs on cars “around 25%” and rates similar to semiconductors and pharmaceutical imports, in the most recent of a series of measures that could complicate international trade.
“The weight weakens, as 65% of the emerging currencies, after considering the new threats of the Trump Rate Plan, in an environment of risk aversion by the failed negotiations between Russia and the United States (to end the war in Ukraine ) “, said Monex.
“It is about to see what credibility the investors give this time to the new threat. Most operators suppose, at least for the moment, that tariffs are really a negotiation tool rather than a real and lasting threat,” he said CIBANCO.
Meanwhile, in the local aspect, the operators await the dissemination of the quarterly report of Banxico, in search of an update of their macroeconomic perspectives and after in their last meeting the magnitude of the cuts accelerated at their rate.
