Price of the dollar in Mexico today, March 27: The Mexican peso falls to a minimum of 16 days for cars tariffs, focus on Banxico

• The USD/MXN rises to a maximum of 16 days in 20.36.
• The US dollar goes back on its DXY index after reaching a three -week roof.
• 25% tariffs on cars announced by Donald Trump will affect Mexico, although to a lesser extent.
• Banxico is expected to cut his interest rates at 50 basic points this Thursday.

The USD/MXN records strong profits after the ads of the new tariffs that the US will apply to cars from April. The pair shot late Wednesday with the news and this Thursday has reached a maximum of 16 days in 20.36 after registering a daily minimum at 20.10. At the time of writing, the dollar is quoted in front of the Mexican peso over 20.35, earning 1.24% in what we have been working on.

The dollar advances in front of the Mexican peso due to the impact of tariffs on cars

The American dollar index (DXY) jumped with the appearance of Donald Trump in the Oval Office of the White House on Wednesday, since the president of the United States announced that he would impose tariffs of 25% to all cars manufactured outside the United States from April. The president said that these taxes will be permanent. In addition, he pointed out that reciprocal tariffs will also be applied since April 2, pointing out that there will be no exceptions although with some countries they will be little severe.

The DXY dollar index today reached its highest level since March 5 at 104.71, although in the last hours it has receded and is registering losses of 0.13% in 104.41.

The Automobile tariffs will affect Mexico, but could be less than 25% Since the United States and its southern neighbor signed an agreement by which the American content of imported vehicles would be deducted. In any case, the Mexican car industry has expressed its opposition to these plans waiting for the government’s response to Trump.

On the other hand, the US has published its Gross Domestic Product (GDP) of the fourth quarter of 2024. The US economy grew by 2.4% per yearabove the expected 2.3%.

Banxico can cut their 9% interest rates in the middle of the tariff storm

On the margin, the focus of the USD/MXN operators will be in the Banxico monetary policy decisionwhich will allegedly announce today at 19.00 GMT an interest rate cut of 50 basic points. The types will be reduced to 9% from the current 9.5%, although any surprise could generate volatility in the torque.

Previously today, Mexico has published its February Balance, showing a surplus of 2,212 million dollars compared to the deficit of 4,558 million dollars in January. The data improves the forecasts, which considered that the deficit would be maintained, reducing to 1,100 million.

USD/MXN Price levels

The long and short -term graphics trend point upwards, although the movement shows signs of overcompra in the hour graph, according to the relative force index (RSI) of 14. upward, the initial resistance is found in 20.38/20.40, mobile mean of 100 periods in daily graphics and maximum of March 11, respectively. Above, the torque could extend the climb to March in 20.99 and the psychological zone of 21.00.

In case of correction, a support in the 100 -hour period of one -hour graph could appear. Below, the region of 20.00 and in 19.95, minimum weekly of March 25.