They said that therefore the national currency ended up appreciating 1.13%, closing today at the level of 19 units.
Therefore, according to data from the Bank of Mexico, the exchange rate ended at a level of 19.95 pesos per dollar, which is equivalent to an appreciation of 22.74 cents or 1.13%, compared to its previous closing.
They reported that throughout the day, the Mexican peso reached a maximum of 20.2086 and a minimum of 19.9261 pesos per dollar.
Therefore, specialists highlighted that the dollar is falling sharply against the peso, this in the midst of a general decline in the US currency, as they said that the fall takes place after failing to break a key resistance zone around 20.25 units.
While in the United States, they published the non-farm payroll report, showing that 315,000 new job positions were created in August, a figure that is slightly above the 300,000 expected by the market consensus.
And they said that on the other hand, the unemployment rate in August stood at 3.7%, up from 3.5% in July.
They said that at the moment, the North American currency has bottomed at 19.92 pesos per dollar and is about to test the short-term support of 19.90, so the technical indicators favor the peso, with the relative strength index turning lower. , as is momentum, which is still above 100.