USDMXN
Market is open. Closes in 91h 22m
US Dollar vs Mexican Dollar
Chart
Specification
| Details | |
|---|---|
|
Contract size
|
100000 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
112 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
2% |
|
Long swap, points
|
-609.84 |
|
Short swap, points
|
0 |
|
3 days swap
|
Wednesday |
|
Profit currency
|
USD |
| Trading time (MT server time) | |
|---|---|
| Market is open. Closes in 91h 22m | |
| Sunday | - |
| Monday | 00:02 - 24:00 |
| Tuesday | 00:00 - 24:00 |
| Wednesday | 00:00 - 24:00 |
| Thursday | 00:00 - 24:00 |
| Friday | 00:00 - 23:58 |
| Saturday | - |
Description
The USDMXN currency pair indicates the exchange rate between the US dollar (USD) and the Mexican peso (MXN), showing how many Mexican pesos are required to purchase one US dollar. It is one of the most traded emerging market currency pairs.
Factors influencing USDMXN:
- Trade relations: Economic ties under agreements like the United States-Mexico-Canada Agreement (USMCA).
- Monetary policy: Interest rate decisions from the Federal Reserve and the Bank of Mexico (Banxico).
- Commodity prices: Mexico’s economy is sensitive to oil price fluctuations, affecting the peso’s value.
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