The price of dollar in Mexico trades in the early hours of Monday on the rise, while the yields of the bonds of the us treasury rose and US index futures closed modestly higher after March jobs data indicated the labor market remains tight.
The exchange rate is listed at 18.1477 pesos per dollar, according to data from the Bloomberg agency.
It is worth mentioning that the Mexican currency has shown a favorable trend against the dollar since December of last year. And it is that the US authorities implemented a series of monetary policy measures to avoid excessive inflation.
In this sense, since December 6, 2022, the price of the Mexican peso has improved against the dollar.
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US Treasury yields rose and US index futures closed modestly higher after data from employment of March indicated that the working market remains tight, although largely in line with market expectations.
According to Reuters Agency, nonfarm payrolls increased by 236,000 jobs last month, according to the Labor Department, compared with the 239,000 expected by economists polled by Reuters.
Data for February was revised up to indicate that 326,000 jobs were added, instead of the previously announced 311,000. The unemployment rate fell to 3.5% from 3.6% the previous month
Source: Gestion
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