Spread represents the difference between ASK price and BID price. CFD Rollover adjustment consists of the difference in price between expiring contract and new contract as well as the spread of the CFD. Swap is the overnight interest credited to or debited from an account where positions are held overnight. For further information, please refer to our Frequently Asked Questions page.
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About Usd-Mxn and Usd-Mxn Trading
What type of currency pair is USD/MXN?
The USD/MXN is an exotic currency pair, as it consists of a major currency (USD – the U.S Dollar) and an emerging currency (MXN – the Mexican Peso).
The Mexican Peso is the quote currency, and the U.S Dollar is the base currency. The USD/MXN currency pair shows traders how much the USD is worth when compared to the MXN.
Drivers for the USD/MXN currency pair
The USD/MXN pair is affected by major factors such as supply and demand, interest rates, political stability, and economic growth.
How can you trade the USD/MXN currency pair?
At CAPEX.com you can follow the USD/MXN live chart to trade on the price movements of this currency pair through CFDs. If you think that prices will go up, you can open a long position (BUY). If you think prices will decrease, you can open a short position (SELL).
When can you trade the USD/MXN pair?
Here at CAPEX.com you can trade the USD/MXN pair from Sunday to Friday, between 21:05-20:55 GMT. If you cannot trade at those hours, you can always pick another currency pair, as we have more than 55 FX pairs available.