Peso opens with gains after weak US employment data; outlines weekly progress

The Mexican peso won this Friday morning after it was learned that the United States created fewer jobs in November than the market expected, which would relax expectations that the Federal Reserve speed up the rate at which you are reducing your bond purchases or increase the interest rates.

The peso was trading at 21.1560 units per dollar, up 0.43% compared to the 21.2480 pesos per greenback in the Reuters reference price on Thursday. The peso was outlining a weekly advance, which would cut a streak of three falls.

The work Department of the United States said this Friday morning that 210,000 jobs were created in November, lower than expected, compared to a figure of 546,000 in the previous month.

Following the publication of the figures, the dollar index it was operating at a loss.

On the other hand, investors were seeking to learn more about the threat posed by the variant of the omicron coronavirus for the global economy.

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Reference-www.eleconomista.com.mx

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