Dollar Stays Under Pressure As Peso Tests New Lows And Mexico Stocks Push Higher

2026-01-27 - 09:49

Key Points USD/MXN held near 17.35 as the dollar index hovered around 97.1 and global dollar selling persisted. Charts show extreme oversold momentum in USD/MXN, raising bounce risk despite the downtrend. Mexico’s IPC index stayed strong near 68,706, with gains led by miners and infrastructure names. The dollar’s stumble is starting to look less like