Friday morning 18 September 2026 opened with peso mexicano under immediate selling pressure after Federal Reserve signals removed rate cut expectations. USD MXN climbed through a technical floor that had held for weeks. The super peso narrative faded fast.
💡 Frequently Asked Questions (FAQ)
- Q: Why did peso mexicano lose support on 18 September 2026?
- A: Federal Reserve signals removed rate cut expectations, triggering immediate selling pressure and breaking a technical floor that had held for weeks.
- Q: What happened to USD MXN at the open?
- A: USD MXN climbed through a key technical support level as the super peso rally faded fast.
- Q: Is the super peso narrative over?
- A: The narrative faded quickly after the Fed’s hawkish stance eliminated near-term rate cut hopes, reversing recent peso strength.