The peso holds, but all eyes are on the Fed
The Risk On index sums up global risk appetite — with a Mexico focus — in a single 0–100 number. Depending on where it lands, the day falls into one of these four bands:
The Risk On index is a proprietary indicator, designed and maintained by Mauricio Mercenario. It is a market-reading tool, not investment advice.
En cristiano: el dólar subió poquito porque hay nervios antes del dato de CPI de EE.UU. de mañana. El mercado está en modo cauteloso, ni risk-on ni risk-off del todo.
El índice en 38 te dice casi todo: nadie quiere mover ficha antes del dato de inflación. El miedo está bajo (VIX tranquilo), pero el dólar fuerte mantiene a raya el apetito por riesgo.
Si necesitas dólares para un viaje o un pago, hoy no hay urgencia ni gran oportunidad: es un día de esperar y ver. La película de verdad empieza mañana a las 7:30 am.
In plain English: the dollar edged up slightly on nerves ahead of tomorrow's U.S. CPI print. The market is in cautious mode — not quite risk-on, not quite risk-off.
The index at 38 tells you almost everything: nobody wants to make a move before the inflation data. Fear is low (VIX is calm), but a strong dollar is keeping risk appetite in check.
If you need dollars for a trip or a payment, there's no urgency or great opportunity today — it's a wait-and-see day. The real show starts tomorrow at 7:30 a.m.
Market return over the trading days after publication. For USD/MXN, negative = the peso appreciated. Automatic evaluation — not investment advice.
Index at the time of this note (2026-06-03) — the live value on the homepage may have changed.
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