USD/MXN Analysis: The Mexican Peso Shines as Confidence in the U.S. Dollar Fades

Not enough comparable past events yet for a historical read.

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Sep 30, 2020Latam FX rise as dollar steadies; Mexican peso shines-1.1%
• May 25, 2023Why is the Mexican Peso Gaining against the Dollar?-0.4%
• May 25, 2022As U.S. economy’s exceptionalism fades, so does the dollar - The Globe and Mail+0.1%
• Jul 5, 2025Colombian Peso Strengthens as US Dollar Continues to Decline+0.6%
• Feb 18, 2019SMU Currency Analysis: U.S. Dollar Weakens in the Last Three Months - Steel Market Update-0.8%