The Mexican peso has seen a slight depreciation at the beginning of the trading day, driven by investors digesting the latest employment data from the United States. As reported, the peso is trading around 17.21 pesos per dollar, reflecting a decline of 0.13% compared to previous sessions. This movement indicates a cautious response to recent economic indicators that have surpassed market expectations.

U.S. employment data revealed that non-farm payrolls increased by 130,000 in January, significantly higher than the 66,000 jobs that analysts had predicted. Additionally, the unemployment rate improved to 4.3%, down from 4.4%, showcasing a better performance than anticipated. These figures have contributed to mixed market reactions, as a stronger U.S. labor market often impacts the flow of investments in currencies like the peso.

Experts like Felipe Mendoza, CEO of IMB Capital Quants, suggest that the peso's fluctuations are indicative of broader investor sentiment and uncertainty. As international markets adjust to the implications of robust job growth in the U.S., Mexico's economy remains on guard for potential shifts in capital flows and exchange rates, making this an essential watchpoint for traders and policymakers alike.