EURUSD 1.1787 USDJPY 112.14 USDCAD 1.2774 EURCZK 25.557 USDCZK 21.677 EURPLN 4.2304 USDPLN 3.5887
EURUSD 1.1787 USDJPY 112.14 USDCAD 1.2774 EURCZK 25.557 USDCZK 21.677 EURPLN 4.2304 USDPLN 3.5887

Start real trading in just 30 minutes

Start real trading in just 30 minutes

Micro-lots with no minimum deposit!

Open demo account MetaTrader5

Open demo account MetaTrader5

Opening demo account is the first step

Demo account in MetaTrader 4

Demo account in MetaTrader 4

All-time trading platform classic

For beginners

For beginners

Learn the basics of financial markets

The USDMXN may be an option for medium/long-term investments, due to its relatively low volatility

The currency pair involving the US Dollar and the Mexican Peso is very popular, not only in Latin American countries. It represents the value of one US Dollar in terms of Mexican Pesos. The USDMXN market can be considered to be relatively stable, in other words peso is typically characterized by lower volatility than in the case of other currencies of emerging markets.

 

Because of this, it may be a currency pair suitable for medium/long-term investments in the FOREX market.
The Mexican economy is rather export-driven, due to its low production costs, specializing in machinery and mining. The main market for its products are the neighboring United States, meaning that its economy is highly dependent on the American economy. Mexico is the third largest supplier of crude oil to the US . Oil sector generates nearly 15% of the export earnings, and its importance is even greater for the Mexican
government, which obtains from this sector 40% of the government’s revenue.

 

Due to the enormous significance of the oil sector in the Mexican economy, the MXN may be considered to be a commodity currency as the US Dollar is, but the latter is also one of the major reserve currencies in the world in possession of all the most significant central banks.

 

The USDMXN market may react to economic factors from both the Mexican and United States economies. The Mexican peso is also vulnerable to the general sentiment of international investors, in relation to emerging market currencies.

Pola oznaczone gwiazdką są wymagane.

zamknij