The Mexican Peso traded higher against the U.S. dollar in the European session on Monday, as sentiment lifted up on positive global cues following Macron victory in the first round of Presidential election in France.

With the centrist Macron and far-right leader Marine Le Pen going into the second round of the presidential election on May 7, in accordance with opinion polls, worries over a breakup in the Eurozone have receded.

The Peso firmed to a 6-day high of 18.47 against the greenback, compared to last week's closing value of 18.79. The next possible resistance for the Peso is seen around the 17.00 region.

US Dollar vs MXN (FX:USDMXN)
Gráfico Histórico de Câmbio
De Mai 2024 até Jun 2024 Click aqui para mais gráficos US Dollar vs MXN.
US Dollar vs MXN (FX:USDMXN)
Gráfico Histórico de Câmbio
De Jun 2023 até Jun 2024 Click aqui para mais gráficos US Dollar vs MXN.