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.