The Bloomberg dollar index (bbdxy) increased by 0.23 percent, reaching 1,219.14 points. In the money market, the yield on the 10-year U.S. bond is 4.28 percent, while the 10-year Mexican bond remains at a level of 9.70 percent.
On this day, May 7, the most depreciated currencies are the Japanese yen with 0.56 percent, the Indonesian rupiah with 0.52 percent, the Indian rupee with 0.47 percent, the Australian dollar with 0.46 percent, the New Zealand dollar with 0.45 percent, and the Swedish crown with 0.42 percent.
In terms of monetary policy, the Mexican peso shows gains against the dollar, standing at 19.5998 pesos per green bill, representing an appreciation of 0.31 percent or 6.0 cents compared to the previous close.
Janneth Quiroz, director of economic and exchange rate analysis at Monex, commented: "The exchange rate is showing a downward trend, led by the strengthening of the peso, while the dollar remains on the rise after assessing progress in trade negotiations between the United States and China. The Mexican currency is favored by a lower sentiment of nervousness regarding a potential systemic risk arising from lower dynamism in the U.S. economy."
In bank windows, the dollar is sold at 20.12 pesos each on Wednesday, May 7, according to data reported by Citibanamex. The dollar index (dxy), which measures the strength of the U.S. dollar against a basket of six major currencies, increases by 0.16 percent, standing at 99.44 points.
