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.
USDMXN was higher by 0.50% after Inflation figures from the U.S. economy came in as expected at 1.4%. The number was higher than last month’s 1.3% and keeps inflation on the FED radar. The pair has stumbled since the end of September after the return of U.S stimulus talks. These […]
The USDMXN pair soared from a test of support last week and could be set for further gains on the week. Data out showed that the Mexican unemployment rate is still stuck at six-year highs, despite a dip from 5.4% in July to 5.2% in August. The figures were balanced […]
USDMXN hits monthly highs as the rebound from six-month lows continue and might gain strength as the USDMXN breached above the 200-day moving average.
USDMXN rebounds today after the greenback gets a hand from better U.S. economic data. The U.S. Durable Goods Orders registered in at 11.2% well above the estimates of 4.3% in July.
USDMXN slides today as the risk-on sentiment continues to push higher the risky assets as investors dumb the safe-haven assets and the USD
USDMXN trades sharply higher today amid risk-off sentiment which sends investors back to the USD safe-haven hub.
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USDMXN rebounds today amid USD strength recovering some of yesterday’s losses. The Mexican peso was on-demand yesterday after better than expected industrial output figures.
USDMXN jumps to daily highs after better than expected new JOLTS jobs openings. The United States JOLTS Job Openings registered in at 5.889M, beating the expectations of 4.91M in June
USDMXN trades higher for the fifth consecutive trading session making fresh two week highs after better than expected economic data from the USA. The United States ISM Manufacturing PMI came at 54.2 beating the forecasts of 53.6 in July
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