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 Higher after Mexico Consumer Confidence Beat Forecasts

Forex Oct 03, 2019, 14:42 BST by Nikolas Papas

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 [...]

Forex Focus on US GDP and Central Bankers

Forex Sep 26, 2019, 07:21 BST by Nikolas Papas

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

Forex Sep 25, 2019, 13:25 BST by Eno Eteng (MSTA)

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

Forex Sep 23, 2019, 14:35 BST by Nikolas Papas

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 [...]

Economic Calendar Watch: News Events & Economic Indicators to Watch

Forex Sep 23, 2019, 13:06 BST by Eno Eteng (MSTA)

Some key economic indicators and news events are expected this week, and these are the ones to tick off on your Economic Calendar. Monday already saw the release of the barometers of economic activity in the manufacturing and services sectors in France and Germany. The key PMI data disappointed to [...]

USDMXN Continues the Correction On Better Mexican Inflation Data

Forex Sep 09, 2019, 12:46 BST by Nikolas Papas

USDMXN gives up 0.01% at 19.5319 as recent retracement from yearly highs continues. Mexico Core Inflation came in at 0.2%, topping forecasts of 0.19% in August, the 12-Month Inflation came in at 3.16%, below forecasts of 3.2% in August. The Bank of Mexico cut interest rates for the first time [...]

USDMXN: Consolidates Close to Yearly Highs

Forex News Sep 02, 2019, 15:25 BST by Nikolas Papas

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

Forex News Aug 29, 2019, 15:42 BST by Nikolas Papas

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 […]

USDMXN: Recovers Earlier Losses After Disappointing Mexican Retail Sales

Forex News Aug 21, 2019, 14:50 BST by Nikolas Papas

USDMXN recovers earlier losses from 19.6520 after worse than expected Mexico retail sales. Mexico Retail Sales (year over year) came in at 1%, below forecasts of 2% in June, the monthly reading also came down to -0.5% in June from previous 0.7%. Last week the Bank of Mexico cut interest [...]

USDMXN: Consolidation at Recent Highs After Banxico Interest Rates Cut

Forex News 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 [...]