News & AnalysisCareer
Trading
Explore a wide range of markets with competitive pricing, deep liquidity, and advanced trading tools.
Learn More 
Platform
Trade seamlessly with TMGM's powerful platform, built for speed, precision, and a superior trading experience.
Learn More Trading Platform
Trading Tools
Academy
Learn the fundamentals of trading with beginner-friendly resources, including guides, webinars, and market insights.
Learn More News & Analysis
Get real-time market updates and expert analysis to stay ahead of trading opportunities
Learn More News & Analysis
About
Learn what sets TMGM apart — our global presence, regulatory strength, and commitment to innovation in trading.
Learn More Why Choose TMGM
Sponsorship
Mexican Peso gains support from carry and valuation – TD Securities
Supportive carry and valuation metrics, alongside cleaner positioning, underpin TD Securities’ favourable view of the Mexican Peso (MXN). The firm expects USD/MXN to retreat towards 18.00 by year-end despite the global equity risk-off backdrop. Its forecast then places the pair at around 18.00–18.40 in 2027, followed by a gradual rise to 19.00 by 2028.
Peso draws support from carry and valuation
"Carry and value are more supportive for MXN. Given USDMXN's increased correlation to relative equity performance over the past year and clean positioning, we continue to believe that USDMXN could retrace back to 18.00 into year-end, even amid a backdrop of global equity risk-off."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
POPULAR ARTICLES
1Canadian Dollar weakens as oil prices climb2Bitcoin leverage reaches 99th percentile as correlation with Nasdaq strengthens3USD/JPY gains as Fed rate hike odds keep Japanese Yen under pressure4USD gains support from jumbo Fed hike bets as euro struggles ahead of German CPI and ECB commentary5CPI inflation figures were borderline disturbing, says Fed’s Goolsbee6High inflation warrants further ‘gradual’ rate hikes, says Fed’s Paulson7WTI recovers above $85.50 even as Middle East tensions ease8PBOC Sets USD/CNY Reference Rate at 6.7191, Up From 6.7167 Previously9British Pound inches higher as Iran diplomacy hopes limit US Dollar rally fuelled by hot US CPI
Connect With Us
Contacts
Phone: +61 2 8036 8388
Fax: +61 2 8036 8388
Email: support@tmgm.com
The information provided on this website is of a general nature only and does not constitute personal financial advice. Before acting on any information on this website, you should consider the suitability of the information in relation to your objectives, financial situation and needs. Investing in CFDs and FX Margin Contracts carries significant risks and is not suitable for all investors. You may lose more than your initial deposit. You do not own, or have, any interest in the underlying asset. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. It is important that you read and consider the disclosure document before you acquire any product listed on the website. The information and advertisements offered on this website are not intended for use by any person in any country or jurisdiction where such use would be contrary to local laws and regulations. The Products and Services offered on this website are not intended for residents of the United States, Malaysia and Thailand.
TMGM is authorized and regulated in various jurisdictions.
Trademax Australia Limited, trading as TMGM, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 436416 and is located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.
Email: support@tmgm.com.au
Trademax Global Limited, trading as TMGM, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), registration number 40356 and registered at 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.
Email: support@tmgm.com
Trademax Global Markets (SE) Limited, trading as TMGM, is authorized and regulated by the Financial Services Authority (FSA) of Seychelles, with license number SD224. The company is registered at Office No 13, Providence Estate ABIS Centre, Mahe, Seychelles.
Email: support@tmgm.com
Trademax Global Markets (International) Pty Ltd, trading as TMGM, is authorized and regulated by the Financial Services Commission, Mauritius (FSC) with license no. GB22201012, and registered at 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd Port Louis, 11324 Mauritius.
Email: support@tmgm.com
Copyright © TMGM. All rights reserved