Trade Balance, $

Actual
-1.037B
Previous
1.991B
Forecast
1B

The Trade Balance released by INEGI is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the Mexican Peso. If a steady demand in exchange for Mexican exports is seen, that would turn into a positive growth in the trade balance which should be positive (or bullish) for the Peso.

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