USD/MXN Monthly Forecast: November 2025 – 31 October 2025
The USD/MXN pair remains under pressure below 18.50, with peso strength likely to persist in November unless the Fed signals a major policy shift.

The USD/MXN pair remains under pressure below 18.50, with peso strength likely to persist in November unless the Fed signals a major policy shift.
Gold enters November 2025 at a critical juncture after a sharp rally and recent volatility. While technicals remain bullish, growing retail interest and resistance near $4,000 signal a potential pause or pullback.
Crude oil prices face headwinds heading into November 2025, with robust global supply from the U.S., OPEC, and Russia keeping prices subdued.
USD/JPY broke above the key 153 resistance level on Thursday, fueled by a stronger U.S. dollar and renewed yen weakness.
The euro experienced heightened volatility on Thursday following the ECB rate decision and FOMC fallout. Despite fluctuations, EUR/USD remains range-bound between 1.1550 and 1.17.
The US dollar gained against the South African rand on Thursday, rising toward the 50-day EMA near 17.38. Despite renewed dollar strength post-FOMC, the 7% interest rate in South Africa continues to support rand holders.