USD/MXN · US Dollar / Mexican Peso

## USD/MXN overview
USD/MXN is one of the more liquid emerging-market FX pairs, driven by the USD cycle, Banxico policy, US growth, oil prices, risk appetite and cross-border flows.

## Trading risk
Emerging-market FX usually has wider spreads and higher swaps than G7 majors. Check spread, swap, news slippage and holding cost before trading.