USDMXN

In this section, you will find important USDMXN news, actionable trading ideas, and a live USDMXN chart to help you understand how the Mexican Peso trades vs. the US Dollar.

USDMXN is one of the most important and liquid emerging pairs in the FX market. USDMXN is the ticker symbol in Forex markets that represents how many Mexican Peso you can buy with one US dollar. The factors that affect USDMXN are the interest rates, the GDP growth, inflation, unemployment rates, balance of payments and other macroeconomic figures. The US Federal Reserve Bank and Mexico Central Bank are the two institutions that USDMXN traders follow in order to get an idea about the future moves of the pair.

Live USDMXN Chart

USDMXN News

USDMXN: Consolidation at Recent Highs After Banxico Interest Rates Cut

Forex Aug 16, 2019, 15:09 BST by Nikolas Papas

USDMXN consolidates today around recent highs at 19,5788 amid USD strength across the board. Yesterday the Bank of Mexico cut interest rates for the first time since 2014 by 25 basis points to 8%. Many analysts believe that Banxico will continue in that direction with two more 25bp rate cuts [...]

USDMXN: Consolidation at Recent Highs

Forex Aug 07, 2019, 12:44 BST by Nikolas Papas

USDMXN consolidates today around recent highs at 19,5563 as investors continues to dump emerging market currencies amid escalation in US – China trade tensions. The United States MBA Mortgage Applications climbed from previous -1.4% to 5.3% in August 2 gave USD extra strength. On the technical side the bulls are [...]

USDMXN Gives up Early Gains, Dips Below 50 Day MA

Forex Aug 01, 2019, 18:18 BST by Nikolas Papas

USDMXN is trading 0.11% higher at 19.1519 as investors are buying USD across the board after Fed cut interest rates by 25 bp. Yesterday Mexico’s Government has lowered its growth forecast for 2019 to 1.1% versus prediction of 2% in December. The IHS Markit Mexico Manufacturing Purchasing Managers' Index came [...]

USDMXN: Mexican Peso Down Amid Broad USD Strength

Forex Jul 23, 2019, 16:19 BST by Nikolas Papas

USDMXN is trading 0.43% higher at 19.1373 as investors are buying USD across the board as expectations of a 50 basis point interest rate cut from Fed fades away. Meanwhile the Mexican economy is facing many troubles due to downgrades of Pemex to speculative grade, or junk status. On the [...]

USDMXN: Entry Points for Longs and Shorts

Forex Jul 19, 2019, 10:46 BST by Nikolas Papas

USDMXN was under selling pressure yesterday as investors dumped USD after dovish comments from New York Fed President John Williams and despite problems the Mexican economy is facing due to downgrades of Pemex to speculative grade, or junk status. On the technical side even today the pair is adding 0.23...

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Mexico Industrial Output declined to -2.1% in May

Forex Jul 12, 2019, 13:20 BST by Nikolas Papas

Mexico Industrial Output, month over month, declined to -2.1% in May from previous 1.5%. The Annualized Mexico Industrial Output fell from previous -2.9% to -3.3% in May. Compared to a year ago, the data shows that the conditions remain a little softer and that highlights some weakness still seen in [...]

Forex Focus: Eurozone May industrial production

Forex Jul 12, 2019, 07:17 BST by Nikolas Papas

In the last day of our trading week investors await the China June 2019 trade balance data at 7:00GMT.  Euro traders will focus on Germany June wholesale price index to be released at 6:00GMT, you can find the previous reading and forecast in our Forex calendar. At 7:00GMT the Spain [...]

Mexico Headline Inflation Worst than Forecasts, USDMXN Down 0.11%

Forex Jul 09, 2019, 14:22 BST by Nikolas Papas

Annual Mexico Inflation came in at 3.95% matching forecasts for June. Core Inflation came in at 0.3%, worse than forecasts of 0.31% in June, while monthly headline Inflation came in at 0.06 percent also below forecasts of 0.07% in June. The pair is trading 0.11 percent lower at 18.8938, and [...]