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

USDMXN Crushes the 200-Day MA Support

USDMXN continues lower for fifth consecutive session giving up 0.08% at 19.2761 after the Mexico Headline Inflation came in at 0.81% below expectations of 0.83% in November, the 12-Month Inflation came in at 2.97% also below expectations of 3% in November. Last week, Mexico GDP registered in at 0% below [...]
USDMXN

USDMXN Under Pressure After Mixed US Data

USDMXN trades 0.40% lower at 19.2365 close to daily lows after the Central Bank of Mexico cut interest rates by 25 basis points to 7.5% for third consecutive meeting as widely expected by markets; two members wanted a 50 basis point cut. Banxico noted that in the presence and possible...

USDMXN

USDMXN Cautious Moves Ahead of Banxico Rates Decision

USDMXN trades 0.01% higher at 19.1172 close to weekly lows ahead of the Central Bank of Mexico interest rates decision The Bank of Mexico in its last policy meeting cut interest rates as expected by markets for the second time since 2014 by 25 basis points to 7.75%. Banxico didn’t [...]
USDMXN

USDMXN Recovers Earlier Loses After Mexico Inflation Tops Forecasts

USDMXN trades 0.03% lower at 19.1385 close to weekly lows after Mexico Core Inflation came in at 0.25%, below forecasts of 0.29% in October, the 12-Month Inflation came in at 3.02% topping expectations of 3%. The pair on inflation news jumped from 19.0916 to 19.1385. Yesterday the Mexico Consumer Confidence [...]
USDMXN

USDMXN Lower after Mexico Retail Sales Beat Expectations

USDMXN gives up 0.24% at 19.0833 close to two-month lows after Mexico Retail Sales (year over year) came in at 2.6% topping expectations of 1.9% in August,  the monthly reading came in at 0.3% also above expectations of 0.1%. Mexican GDP growth rate is expected to be 0.40% for the...

USDMXN

Mexico’s Unemployment Rate Falls to 3.5%, USDMXN Muted

According to Mexico's National Institute of Statistics and Geography (INEGI), the jobless rate for September has fallen to 3.5%, compared to 3.6% expected by the market. USDMXN hasn't reacted to the news as it continues with its attempts to break the 2-year old ascending trend line. Special free webinar for...