The dollar rose today, with a selling price of 20.11 units and a buying price of 19.02 pesos at the Banamex counter. Gabriela Siller, the director of economic analysis at Banco Base, highlighted that the relevant supports are located at 19.00 units, followed by 18.80 pesos.
The U.S. Office of Economic Analysis reported that the country's Gross Domestic Product fell by 0.3 percent in the first three months of this year. American consumers showed fear over the tariffs imposed by Trump, which affected domestic consumption, which only grew by 1.8 percent, its weakest growth since 2023.
In the foreign exchange market, the dollar index (DXY) increased by 0.46 percent to 99.69 points, while the Bloomberg dollar index (BBDXY) rose by 0.12 percent to 1223.60 points. On the other hand, the yield on the 10-year U.S. bond was 4.17 percent, while the 10-year Mexican bond remained at 9.63 percent.
The currencies that fell the most against the dollar were the Brazilian real with 0.96 percent, the Polish zloty with 0.95 percent, the Colombian peso with 0.95 percent, the Czech koruna with 0.73 percent, and the Hungarian forint with 0.62 percent. Despite investor caution over the U.S. GDP data, the Mexican peso achieved its third month of gains against the dollar, though it showed a depreciation of 0.19 percent on April 30, closing at 19.61 units.
During the month of April, the Mexican peso appreciated a total of 4.14 or 84 cents, despite fluctuations caused by the reciprocal tariffs announced by Donald Trump. According to the Bank of Mexico, the exchange rate has remained between 19.45 and 19.70 pesos per dollar from a technical perspective.
