Forex Exotic
USD/MXN — US Dollar / Mexican Peso
30 – 200 points · 1200 – 2500 points
USD/MXN combines a high-carry peso with strong US linkages. The peso often outperforms in calm markets and collapses in risk-off shocks.
Risk first
Numbers below are typical ranges, not guarantees — spreads, swaps and volatility differ per broker and market regime. Size every position from your stop distance and account risk, never from a fixed lot habit.
Contract specifications
| Spec | Value |
|---|---|
| Contract size | 1.00 lot = 100,000 USD |
| Pip / tick value | 0.0001 → ca. 0.5 USD / 1.00 lot |
| Typical spread | 30 – 200 points |
| Typical daily range | 1200 – 2500 points |
| Best trading hours | New York session |
What moves this market
- ▸Banxico rate policy and the carry differential
- ▸US growth, trade policy and remittances
- ▸Oil prices
Correlations to watch
- ▸Falls when global risk appetite is strong
- ▸Sensitive to US political headlines about trade
How traders approach it
- ▸Carry-aware swing positions
- ▸Long USD/MXN as a risk-off hedge
- ▸Trade the New York session only
Typical mistakes
- ▸Shorting the pair for carry without a stop plan
- ▸Underestimating headline-driven spikes
Related instruments
Analyse it in FX CURIO
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