The Mexican peso jumps at a maximum of nine months after the US NFP

• The USD/MXN falls this Friday to 19.09, its lowest level since September 2024.
• The US dollar stops its fall against other counterparts after the content of the conversation between Donald Trump and Xi Jinping is known.
• The United States non -agricultural payroll showed 137,000 jobs created in May, above the 130,000 expected, but the April data was checked down.

The USD/MXN records losses for the third consecutive day this Friday, falling before the American opening to 19.09, new minimum of 2025 and the last nine months. The pair is currently quoting about 19.13, losing 0.14% in the day.

The US dollar bounces strongly behind the mixed non -agricultural payrolls in the United States

The American dollar index (DXY) has advanced this Friday, encouraged in the first part of the day for the publication of the points treated in the conversation held yesterday by Donald Trump and his Chinese counterpart, Xi Jinping, since the latter committed to FLEXIBILIZE THE EXPORT RULES FOR THE RARE METALS THAT THE UNITED NEEDS. After the publication of the mixed data of the NFP, the dollar reacted immediately bouncing with two days of two days in 99.22, but subsequently retreated to 98.88, although it remains positive in the day, winning about 0.40% daily.

However, the increase in the dollar against much of its rivals, has not worked against the Mexican weight, strengthened in recent days by the weak economic data of the United States and for doubts about the economic course of the American giant.

The Non -agricultural payrolls from the United States They have shown mixed results. Although 137,000 jobs have been generated in May, above the 130,000 expected, the April data has been reviewed down in 30,000, placing the payrolls of that month in 147,000 compared to the 177,000 published a month ago. The unemployment rate has remained unchanged in 4.2%, as expected, while salary earnings have risen a monthly 0.4% in May, above the previous 0.2% and 0.3% estimated.

In Mexico, the view is put in the Visit to Washington of the Secretary of Economy, Marcelo Ebrardwhich will try to obtain an agreement with the US government to reduce 50% tariffs on Mexican steel since last Wednesday.

USD/MXN Price levels

The relative force index (RSI) of 14 remains well below 50 in short and long term graphics, pointing out the possibility of greater falls in the next few hours. Below the minimum of 2025 in 19.13, the pair could make an initial stop on 19.06, where the September floor is before meeting the psychological support of 19.00. A downward breakdown could trigger a decrease towards the 18.60 area, where it is the minimum of August 2024.

Upwards, the first resistance of the USD/MXN awaits in the mobile average of 100 periods in time graph, in 19.20. Above waiting 19.45, roof of May 22, and above 19.78, higher level of last month.

1 hour graph of USD/MXN