The second-largest economy in Latin America, Mexico has an export-oriented economy, more than 90% of trade is conducted under free trade agreements.  Services make for 62% of overall GDP. Within services, the largest segments are wholesale and retail trade (16%), real estate (10%), transport, warehousing, and communications (7%), and financial services and insurance (6%). Industry accounts for 18% of output and the major segments within this sector are the automobile industry (which accounts for 4% of total GDP) and the food industry (which accounts for 3.8% of total GDP). Construction, water, gas, and electricity distribution (8%), mining (5%), government (4%), and agriculture, forestry, fishing, and hunting (3%) account for the remaining portion.

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: 0.4%
Consensus: 0.8%
Actual: 0.8%
Next Release
Date: Jul 30, 12:00
Time left: 20 days
Consensus: -1.3%

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
18.1566
-4728 pips
19.3056
-6762 pips
18.6294
Symbol Action Percentage Volume Positions
USDMXN Short 24% 1.27 lots 38
Long 76% 3.92 lots 58
0% of traders are currently trading USDMXN.
EURMXN
19.3252
-25006 pips
21.9265
-1007 pips
21.8258
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
-1080 pips
25.4912
-1740 pips
25.3172
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.