The Mexican peso it appreciated this Friday morning against the dollar, at a time when investors reacted positively to a US employment report that beat market expectations.
The Aztec currency was trading at 20.0418 units per dollar, with a gain of 0.66% against the Reuters reference price on Thursday.
Monex analysts said in a note sent to clients that the Mexican currency could be tilted to depreciate later in the day due to the strong US non-farm payrolls report, which could strengthen the case for more aggressive interest rate hikes. by the Federal Reserve (Fed).
US employers hired slightly more workers than expected in August, keeping the Fed on track for a third rate hike. interest rates 75 basis points this month, although the unemployment rate rose to 3.7 percent.
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