×

RISK WARNING:

Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

US dollar vs. Mexican Peso •USDMXN•

About

USDMXN

USDMXN refers to the abbreviation for the US Dollar and Mexican Peso pair. Mexico has close geographical, political and commercial ties to the US, making the Mexican currency to be highly responsive to policy changes from the latter. Following a recent survey by the Bank of International Settlements, the USD/MXN pair was shown to represent 2.1% of all forex trading by daily volume. Since the entry of Trump's administration, the pair has been nicknamed the "Trump Trade" because of volatility prompted by Donald Trump's tough stance against US-Mexico trade policies. The most preferred times to trade USD/MXN is during the US trading session.

Trade Forex, Commodities, Precious Metals, Energies and Equity Indices from 1 Account.

TOP