Price of the dollar today in Mexico: how much is the exchange rate this Monday, February 7

The exchange rate traded lower in Mexico on Monday, after the publication of employment data in the United States during January, which far exceeded expectations, and which is taken into account by the Federal Reserve for its monetary policy decisions.

The , with a decline of 0.32% against the reference price of Bloomberg on Friday.

Yields on benchmark 10-year U.S. Treasury bonds held near their high on Friday, at their highest level since December 2019.

Meanwhile, US inflation data for January is due out on Thursday and robust numbers could further boost the Federal Reserve’s plan to raise interest rates, after the US jobs report showed payrolls they increased by 467,000 jobs last month.

After the US jobs data, the market is pricing in more than five rate hikes at the moment and this week’s inflation data will provide further clues to this, said Harshal Barot, a senior research consultant for South Asia. at MetalsFocus.