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 Higher after Mexico Consumer Confidence Beat Forecasts

USDMXN gives up 0.10% at 19.7736 after the United States Initial Jobless Claims came in at 219K, above expectations of 215K on September 27th. Mexico Consumer Confidence climbed from the previous 43.8 to 45.3 in September, while the Consumer Confidence s.a came in at 44.7 for August, the previous reading [...]
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Forex Focus on US GDP and Central Bankers

Forex traders await today the ECB Economic Bulletin, the ECB M3 Money Supply y/y and the ECB Private Sector Loans y/y all are due at 8:00GMT. In the American forex calendar we have the GDP (q/q), GDP Price Index (q/q), PCE Price Index (q/q), Goods Trade Balance and Initial Jobless [...]

USDMXN Rises as Mexico Unemployment Rate Ticks Upwards

The Mexico unemployment rate figure for August came in at 3.7%, which was in line with what markets had expected. However, it represented a worsening of the Mexico unemployment rate as the last figure recorded came in at 3.5%. As a result, the USDMXN has ticked higher and is currently [...]
USDMXN Flat Despite Better Retail Sales from Mexico

USDMXN Flat Despite Better Retail Sales from Mexico

USDMXN gives up 0.01% at 19.1148 after stronger retail sales; Mexico Retail Sales (year over year) came in at 2.1% topping expectations of 2% in July, the monthly reading also came up to 0% in July from previous -0.5%. Stronger figures also came from United States Chicago Fed National Activity [...]
USDMXN: Consolidates Close to Yearly Highs

USDMXN: Consolidates Close to Yearly Highs

USDMXN adds 0.18% at 20.0992 as bulls are in full control close to yearly highs. The Bank of Mexico cut interest rates for the first time since 2014 by 25 basis points to 8%. I believe that Banxico will continue in that direction with two more rate cuts before the [...]
USDMXN: Hits Fresh Yearly Highs, and Retreats

USDMXN: Hits Fresh Yearly Highs, and Retreats

USDMXN giving up 0.15% at 20.0796 in a correction that started after the pair hit fresh yearly high at 20.2523. In macro data, the United States Gross Domestic Product Annualized came in at 2% in line with expectations for 2Q, 2019. The Initial Jobless Claims came in at 215K matching […]