Dollar Rebound Checks The Peso As Mexico Stocks Cool After Record Run

2026-01-30 - 09:55

Key Points USD/MXN steadied near 17.26 after a sharp slide, as the dollar briefly firmed and risk appetite cooled. Mexico’s IPC slipped to about 69,492 after testing above 70,000, with heavy turnover and classic profit-taking. Charts still favor the peso longer term, but oversold signals and positioning make rebounds more likely. The peso’s January surge