Config.
Marché
Rapport
Unité

COT MXN/USD

Période
Échelle

As-of mardi · close vendredi · source CFTC

Long vs Short

Long et short en % d’OI (catégorie focus)

Δ 4 semaines

Variation du net vs le rapport d’il y a 4 semaines

Cette semaine

Catégorie Long Short Spreading Net Δ Long Δ Short Δ Net % OI long % OI short

Historique

FX · CME

What is the MXN/USD futures contract?

MXN/USD

Satellite of EUR/USD

A long means…

Exposure to a rise in the Mexican peso versus the dollar — the inverse of spot USD/MXN.

What is this?

The Mexican peso is Mexico’s currency — tied to trade with the United States and to the gap between Banxico and the Fed. The future is quoted in dollars per peso: when the peso strengthens, the contract rises. Interbank spot is written USD/MXN, the other way round. Importers, exporters and corporates hedge that rate; managers hedge a Mexican portfolio or an emerging-market carry.

At expiry, pesos are delivered against dollars. Most positions are closed or rolled beforehand. A net long here is not a bet that the dollar is rising against the peso.

Pitfalls

  • Not BRL (6L, 102741) — peso is physical, real is cash-settled.
  • Long MXN/USD is not long spot USD/MXN.
  • Size is MXN 500,000, not 100,000 like AUD or CAD.

Univers LIX

Le positionnement n’est pas le risque

Le COT décrit qui est positionné. Le LIX décrit le niveau de risque de marché — 12 indicateurs, hors COT.