USD/MXN

This is the forex quote for the U.S. Dollar against the Mexican Peso. In this quote, the value of one USD (the 'base currency') is quoted in terms of MXN (the 'counter currency'). Mexico's geographic proximity to the US and its membership in the North American Free Trade Agreement (NAFTA) makes it highly responsive to economic developments in the world's largest consumer market. As a typically higher-yielding currency, the Peso is found to be attractive at times when investors are optimistic about the state of the global economy and prioritize returns over safety. This can make USD/MXN sensitive to swings in broad-based market sentiment trends.


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Exiting USD/MXN long

The decline in global equity markets these past couple of weeks has most certainly helped USD/MXN which recorded a new all-time high on Wednesday.
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Price & Time: USD/MXN: Eastbound and Up?


Analyst Pick: Staying With USD/MXN


USD/MXN Takes Out Important Price & Time Resistance


Price & Time: USD/MXN – Big Break Ahead?



Real Time News


Analyst picks

Kristian Kerr   

Sr. Currency Strategist

My Picks: Long ½ position in USD/MXN from around 17.1400. Looking to take profit on remaining position ahead of today’s IMM close.
Expertise: Technical
Average Time Frame of Trades: Few Days - Few Weeks


Forex Economic Calendar


USD Initial Jobless Claims
m
A: 269
F: 280k
P: 285k

USD Fed's Yellen to Appear Before Senate Banking Committee
m
A: 
F: 
P: 

USD Advance Retail Sales
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A: 
F: 0.1%
P: -0.1%

USD Retail Sales Less Autos
m
A: 
F: 0.0%
P: -0.1%

USD Retail Sales Control Group
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A: 
F: 0.3%
P: -0.3%

USD Business Inventories
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A: 
F: 0.2%
P: -0.2%
A: Actual   F: Forecast    P: Previous