INSUBCONTINENT EXCLUSIVE:
Official data from the Bank of Mexico and market charts show the peso closed Thursday at 19.0416 per dollar, a marginal loss of 0.03% from
as geopolitical tensions in the Middle East escalated and the Federal Reserve left US rates unchanged.Traders watched the situation between
The risk of US involvement in airstrikes on Iranian facilities increased market anxiety, prompting a move to safer assets.The US Dollar
Index slipped slightly by 0.09% during the day, but the peso did not benefit, as broader risk aversion kept emerging market currencies under
While the Fed left the door open for rate cuts later in 2025, it did not signal an imminent move.Mexican Peso Holds Ground as Geopolitics
and Central Banks Weigh on Market
(Photo Internet reproduction)This stance, combined with ongoing US-Mexico trade friction, limited appetite for the peso
Technical analysis from the daily and four-hour charts reveals a market in consolidation.The daily chart shows the USD/MXN pair trading
below all major moving averages, including the 50, 100, and 200-day lines, which cluster between 19.14 and 19.97
The price remains below the nine-day exponential moving average, indicating weak short-term momentum.The Relative Strength Index (RSI) on
the daily chart sits near 40, suggesting the pair is not yet oversold but remains in bearish territory
The MACD remains negative, confirming the lack of upward momentum.Bollinger Bands show price action hugging the lower band, reflecting
subdued volatility and a lack of strong directional conviction
The four-hour chart offers a similar picture
The pair has failed to break above resistance at 19.13 and finds support near 19.00.The RSI hovers around 51, indicating neutral momentum,
while the MACD histogram is flat, and volume remains muted
Both charts confirm a weak trend, with no clear catalyst for a breakout in either direction.Fundamentals continue to drive the narrative
performance reflects a cautious market balancing geopolitical risk, central bank policy, and technical resistance.The lack of strong
momentum or volume suggests traders are waiting for clearer signals before taking new positions
The story remains one of uncertainty, with the peso holding ground but lacking conviction for a decisive move.
