USDMXN continues higher for the third consecutive day after yesterday the central bank of Mexico surprised with 50 basis points rate cut that brought the target rate at 6%
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 trades higher as the crude oil price slumps to levels we haven't seen since 1999. Crude oil price as of writing is 39.57% lower at 11.04 per barrel, in the biggest daily drop since 1982.
USDMXN consolidates for the second consecutive session around 24.00 as the correction from all-time highs stalled at 23.2020. Fitch rating...
USDMXN retreat for the third day in a row as the correction from all-time highs continue. On the data front,...
USDMXN retreated after making fresh all-time as the crude oil price drops over 5% at 2685. Mexico’s President Andres Manuel Lopez Obrador announced that his government
USDMXN pares strong gains after the US weekly jobless claims jumped to 6.6 million, well above the expectations of 3.1...
USDMXN rebound today after the three-day correction from the all-time highs that hit on Monday amid the turbulence in financial...
USDMXN trades lower for the third consecutive session as the first economic data reflecting the impact from the coronavirus outbreak...
USDMXN is finally paring some of its gains after its meteoric rise. In February, the currency pair had been trading...
USDMXN continues higher for the 16 trading session as the crude oil price slumps to the lowest level since 2002...