Mexico City, (Reuters) .- The peso was appreciated before a generalized decline of the dollar, after a high session in the midst of versions that President Donald Trump would probably soon fired the head of the Federal Reserve, Jerome Powell, which were later denied.
The news shook the financial markets, however they moderated their movement after the president denied the reports, although he did not rule out anything, reiterating his criticisms against the official for not cutting the interest rates.
The exchange rate ended in 18,7274 pesos per dollar, an appreciation of 0.49% for the Mexican currency and an advance after three days of depreciation, according to Banxico closing data.
Soser context: The Mexican weight, Fortachón?
The session was also marked by the publication of figures in the United States that showed that producer prices remained unchanged in June. Another inflation report showed on the eve that consumer prices in the US increased in the month in line with the expected.
Mexican bag with marginal advance
The referential shareholding index S&P/BMV IPC rose a marginal 0.04% to 56,503.04 points, in a market with the attention placed in the publication of the first corporate reports of results of the second quarter.
In the debt market, the 10 -year bonus yield culminated without changes against its previous closure in 9.44%, as well as the 20 -year rate that the session ended at 10.04%.
With Reuters information
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