On February 7, 2026, the interbank exchange rate for the Mexican peso is 17.26 pesos per dollar, reflecting a decline of 1.40% as reported by Bloomberg. The previous day, both the peso and the Mexican stock market surged, ending a week of accumulated gains due to a renewed global appetite for risk, leading to increased buying in stock, currency, and commodity markets.

Key economic indicators released during this session included mixed consumer confidence figures from both Mexico and the United States. Additionally, Philip Jefferson, the Vice Chairman of the Federal Reserve, expressed a "cautiously optimistic" outlook regarding economic prospects for 2026, suggesting potential positive developments in the economic climate. This sentiment may have contributed to the strengthening of the peso, which appreciated by 1.37% as the dollar weakened against a basket of reference currencies.

The fluctuations in the exchange rate emphasize the interplay between local economic conditions and global market sentiments. With the peso accumulating gains over the week, the overall market trend suggests a momentary bullish phase that could influence future trading activity, particularly if consumer confidence continues to improve and the global economic scenario remains favorable.