The peso depreciates this Monday after two sessions of gains, given a global strengthening of the dollar at the beginning of a week that will be marked by the publication of a host of economic figures in the United States, including retail sales and September industrial production.
The peso is trading in the first operations of the day at 19.3450 units, with a decline of 0.46% compared to the Reuters reference price on Friday, while investors assimilate China’s stimulus announcements over the weekend, which some considered disappointing.
In Mexico, a report showing that consumer confidence fell last month weighed on the minds of the participants.
Read: Confidence in the future of the family economy has the strongest decline in more than two years
Attention is now focused on statements by US Federal Reserve officials Neel Kashkari and Christopher Waller at various public events throughout the day.
In the previous two days, the peso accumulated a return of 1.2%.
With information from Reuters
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