I just reviewed the movements of USD/MXN and there’s something interesting happening with the dollar trend in the coming days that’s worth analyzing.

This pair has always been volatile, but in recent months things have intensified. Basically, we’re seeing the dollar strengthen against the Mexican peso, and there are clear reasons behind this. The economic growth gap between the two countries is notable: while the United States maintains a more robust pace, Mexico is facing a slowdown. Naturally, this favors the dollar.

What catches my attention is how monetary policy remains the key factor. Banxico has been cutting rates to stimulate the economy, but that weakens the peso. The Federal Reserve, although it has also lowered rates, maintains competitive dollar yields that continue to attract investment. It’s a tug-of-war where the dollar tends to come out ahead.

Technically, the pair has been oscillating around levels that reflect this tension. Indicators suggest consolidation in the short term, but with a bullish bias. If certain resistance levels are broken, we could see more dollar strength. It’s important to watch the dollar trend in the coming days because any economic data or rate movement could generate significant volatility.

From a fundamental perspective, there are several catalysts. Oil prices remain relevant for Mexico, as it is a major exporter. Political stability also plays a role. When uncertainty exists, investors seek refuge in dollars, which puts more pressure on the peso.

For those following the dollar trend in the coming days, it’s worth monitoring monetary policy announcements and economic data from both countries. Banxico’s and the Federal Reserve’s decisions will be decisive. Additionally, any changes in oil prices or geopolitical events can move the market quickly.

In the short term, everything points to the dollar maintaining its strength, but currency markets always have surprises. The important thing is to stay informed about what could change the dollar trend in the coming days and to have a clear strategy based on your investment horizon. Personally, I see opportunities in both directions depending on how these factors evolve.