EURMXN - Euro / Mexican Peso
Handelsvoorwaarden
* Alleen als Margeniveau > 100%
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
De bovenstaande spreads zijn van toepassing onder normale handelsomstandigheden. FxPro heeft het recht om de bovenstaande spreads in overeenstemming met de marktomstandigheden volgens de ‘Algemene Bedrijfsvoorwaarden’ aan te passen.
Outside of Mexico, the EUR/MXN currency combination is rarely traded, yet it can be an ideal choice for those who trade with a high-risk strategy. The pair performance depends on two of the world major economies: Mexico and the Eurozone. The financial statuses of these regions are driven by highly divergent factors. For this reason, EUR/MXN can be the perfect choice for the experienced traders.
Mexico is among the 10 largest oil-producing countries in the world. Due to these circumstances, it deliberately binds the cost of the Mexican peso to the oil prices. This state actively uses its impressive oil reserves not only in trading but also on the international arena, when concluding various contracts and processing loans. It is worth noting that international lenders are more actively taking the risks of countries that have a dominant oil industry.
Keep in mind that the Mexican peso is very similar to the Russian rouble: it always painfully reacts to the decrease of the oil prices.
If you are interested in trading the EUR/MXN, contact FxPro today to open trading account in several minutes.