At the open this Thursday, most currencies are showing a mixed performance, which is a sign of caution ahead of the release of US employment figures. The Mexican peso, however, opened with a gain of around 0.38% against the dollar.
The market anticipates that the creation of 250,000 job positions will be published in July, but a lower than expected job creation could cause greater risk aversion, since it would imply a deterioration of the labor market after two quarterly contractions of the GDP.
dollar to peso exchange rate
On the morning of this Thursday, according to the Bloomberg reference, each dollar was sold at 20.3897 pesos per unit. According to Banco BASE, the exchange rate is expected to trade between 20.32 and 20.50 pesos per dollar.
The exchange rate on Wednesday closed at a level of 20.4621 pesos per dollar, with a gain of about 1.5%.
With information from Reuters.
