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The Bank of Mexico (Banco de Mexico) is in charge of making interest rate decisions in Mexico. In place of the level of commercial banks' current account balances at the central bank, the overnight interbank rate (Tasa de Fondo Bancario) has been adopted as an operating aim by the Banco de Mexico since January 2008.

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.

Category:  Interest Rate
Units: Percent
Details
Impact: Low
Country:
Currency: MXN
Latest Release
Previous: 11.25%
Consensus: 11.25%
Actual: 11.25%
Next Release
Date: Sep 28, 19:00
Time left: 4 days
Consensus: 11.25%

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
17.2048
+61 pips
18.0094
-8107 pips
17.1987
Symbol Action Percentage Volume Positions
USDMXN Short 32% 24.45 lots 133
Long 68% 51.27 lots 169
0% of traders are currently trading USDMXN.
EURMXN
18.9727
+6631 pips
22.2672
-39576 pips
18.3096
Symbol Action Percentage Volume Positions
EURMXN Short 66% 2.43 lots 17
Long 34% 1.23 lots 17
0% of traders are currently trading EURMXN.
GBPMXN
20.9967
-545 pips
21.1500
-988 pips
21.05116279069768
Symbol Action Percentage Volume Positions
GBPMXN Short 90% 1.00 lots 4
Long 10% 0.11 lots 2
0% of traders are currently trading GBPMXN.