Superpeso Makes Comeback. Forecast as of 27.08.2026

The Mexican peso's strong performance from 2020 to 2024 earned it the nickname "superpeso." During this period, USD/MXN bears struggled to maintain momentum. In 2026, however, they regained the upper hand. Let's examine what drove this shift and develop a trading plan.Major Takeaways The peso remains one of the favorites in the Forex market. The carry trade is supporting the USD/MXN bears. Capital is gradually flowing back into Mexico. Short positions on the USD/MXN can be considered with target