Services account for 62% of the overall Gross Domestic Product in Mexico. The wholesale and retail trade (16%), real estate (10%), transport, warehousing, and communications (7%), as well as financial services and insurance (6%), are the most important segments within services. 18% accounts for the industry output and the biggest segments in this sector are the automobile industry accounting for 4% of total GDP following by the food industry accounting for 3.8%. Construction, water, gas, and electricity distribution (8%), mining (5%), government (4%), and agriculture, forestry, fishing, and hunting (3%) are all accounting for the remaining fraction.

A higher than expected figure should be seen as positive (bullish) for the MXN while a lower than expected figure should be seen as negative (bearish) for the MXN.

Details
Impact: Low
Country:
Currency: MXN
Latest Release
Previous: -0.7%
Consensus: 0.2%
Actual: 0.2%
Next Release
Date: Jul 30, 12:00
Time left: 20 days
Consensus: -1%

Forex Sentiment (MXN)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
USDMXN
18.1315
-4320 pips
19.2934
-7299 pips
18.5635
Symbol Action Percentage Volume Positions
USDMXN Short 24% 1.25 lots 36
Long 76% 3.94 lots 59
0% of traders are currently trading USDMXN.
EURMXN
19.3252
-24054 pips
21.9265
-1959 pips
21.7306
Symbol Action Percentage Volume Positions
EURMXN Short 97% 4.16 lots 131
Long 3% 0.15 lots 6
0% of traders are currently trading EURMXN.
GBPMXN
25.2092
-40 pips
25.4912
-2780 pips
25.2132
Symbol Action Percentage Volume Positions
GBPMXN Short 56% 0.05 lots 1
Long 44% 0.04 lots 2
0% of traders are currently trading GBPMXN.