On February 9, 2026, the Mexican peso experienced an improvement, closing at 17.19 units per dollar, a 0.30% increase, attributed to a weak performance of the dollar globally. This rise comes in the wake of recently released inflation figures that underpinned the Bank of Mexico's (Banxico) decision to pause its monetary easing cycle the previous week. Positive market sentiment led to gains in the Mexican Stock Exchange (BMV), which marked its third consecutive day of increases, reaching new all-time highs as investors eagerly anticipated fourth-quarter corporate earnings results.

In the context of local economic indicators, analysts noted that the Mexican markets reacted favorably to comments made by President Claudia Sheinbaum. The confidence in the peso's performance is supported by a generally optimistic view regarding domestic economic stability, although concerns around global market trends remain. Investment director Felipe Mendoza expressed a cautious but hopeful outlook for the peso over the coming week, emphasizing the importance of staying watchful given the current international economic climate.

The overall improvements in the peso and the stock market reflect ongoing recovery steps in Mexico's economy as it adjusts post-pandemic. With notable developments on the inflation front and consistent market performance, the outlook appears cautiously optimistic, indicating a potential for sustained growth if these trends continue. However, external factors and their potential to impact the peso remain crucial considerations for investors and policymakers alike.