On February 13, the Mexican peso showed gains against the dollar amidst ongoing scrutiny of the recent inflation statistics from the United States. The U.S. Bureau of Labor Statistics reported a minor increase in core inflation for January, falling in line with expectations, driven by rising service costs that offset some stability seen in goods prices. This data is critical for investors as they assess fiscal policies and economic stability in both countries.

According to Bloomberg, the peso appreciated by 0.28%, with the exchange rate resting at 17.17 pesos per dollar, a slight decrease of three cents compared to the previous day's close. Analysts indicate that there is a possibility for the exchange rate to approach the support level of 17 pesos per dollar in the short term, indicating a generally optimistic outlook for the peso despite threats of currency fluctuations.

The latest inflation figures underline the complex landscape that investors are navigating, factoring in various economic indicators while making decisions about currency and investments. The interaction between U.S. inflation and the Mexican peso is crucial, as fluctuations in the U.S. economy can have direct impacts on the Mexican market, especially for export-oriented sectors and remittances, which are vital for the Mexican economy.