USDMXN started the week on negative foot as the USD weakness continues across the board. The U.S. Durable Goods Orders came in at 7.3% beating the expectations of 7.2% in June.
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
USDZAR Chart by TradingView
USDMXN continues lower for the third consecutive session as USD weakness continues across the board. USD failed to break above the 50-day moving average,
Some key economic indicators and news events are expected this week, and these are the ones to tick off on...
USDMXN trades lower for the third straight day after the rejection at the 50-day moving average. Today the pair breached below the 100-day moving average as investors dumb safe haven assets such as U.S. Dollar
Forex traders await today the ECB Economic Bulletin, the ECB M3 Money Supply y/y and the ECB Private Sector Loans...
In the last day of our trading week investors await the China June 2019 trade balance data at 7:00GMT. Euro...
USDMXN trades higher for the third consecutive session making fresh monthly highs as greenback gets a hand from better than...
Annual Mexico Inflation came in at 3.95% matching forecasts for June. Core Inflation came in at 0.3%, worse than forecasts...
Mexico Industrial Output, month over month, declined to -2.1% in May from previous 1.5%. The Annualized Mexico Industrial Output fell...
According to Mexico’s National Institute of Statistics and Geography (INEGI), the jobless rate for September has fallen to 3.5%, compared...