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,
USDMXN turns lower today after yesterday’s sharp gains as the dollar is under selling pressure across the board. Risk-off sentiment yesterday shifted investors attention to USD and safe-haven assets
USDMXN retreat after earlier today rejected for the second time at the 100-day moving average. During July the pair is hovering around the 50 and 100-day moving average after the correction from multi-year highs
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
USDMXN trades higher for the third consecutive session making fresh monthly highs as greenback gets a hand from better than...
USDMXN trades at monthly highs after the central bank of Mexico yesterday cut the interest rates for one more time....
The USDMXN pair rose slightly as investors waited for the interest rate decision by Banxico. The pair is also reacting...
USDMXN: Banxico Preview USDMXN snap three days losing streak and rebounds having tested earlier today the 100-day moving average. Investors...
USDMXN rebounds today after the sharp sell-off that started one month ago after the improvement in investors sentiment as the markets began to discount the reopening of the economies around the globe.