The Mexican peso depreciated by 0.32 percent to 17.23 units per dollar on February 12, 2026, as local markets responded to mixed economic signals from the US labor data.
On February 12, 2026, the Mexican peso closed at 17.23 units per dollar after depreciating by 0.32 percent during the trading day. This decline came as Mexican markets reacted to labor market data from the United States, particularly the weekly jobless claims which showed a smaller-than-expected drop. While the data indicated some resilience in the US labor market, it also led to adjustments by investors in anticipation of an upcoming inflation report scheduled for the following Friday.
In the week ending February 7, initial jobless claims in the United States decreased by 5,000, totaling 227,000 claims on a non-seasonally adjusted basis. Economists had predicted a larger reduction down to 222,000 claims, suggesting that job market conditions remain tighter than anticipated. Additionally, this report followed a stronger-than-expected non-farm payrolls announcement earlier in the week, which indicated an increase in hiring and a decline in the unemployment rate, further shaping the economic outlook.
The mixed signals from this labor data could influence Federal Reserve policy discussions and, in turn, affect currency markets. Investors are likely to closely monitor the forthcoming inflation report, as it may provide further context for future interest rates and market behavior. The connection between the US dollar and the Mexican peso underscores the importance of US economic indicators on Mexican markets, particularly in light of ongoing efforts to stabilize and strengthen the peso against external pressures.
