The third-largest economy in Latin America, Argentina's economic expansion over the last few years is the driving force due to exports of agricultural products. Apart from that, Argentina's industrial base is being further diversified, and it is witnessing record growth in the automobile industry, as well as in the textile and power industries.
A higher than expected figure should be seen as positive (bullish) for the ARS while a lower than expected figure should be seen as negative (bearish) for the ARS.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.