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Mexico Business Confidence
Mexican company executives' predictions for output, capacity utilization, employment, and inventory in the short, medium, and long-run by the Monthly Survey of Business Opinion (EMOE). In addition, the survey examines participants' predictions about the general economic situation and how that situation may affect business activity. The EMOE has a national reach and is measured on a scale of 0 to 100, with values above 50 indicating optimism, levels between 50 and 100 neutrality, and levels below 50 indicating pessimistic sentiment.
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.
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 -4610 pips |
19.3056 -6880 pips |
18.6176 | |
| EURMXN |
|
|
19.3252 -25008 pips |
21.9265 -1005 pips |
21.8260 | |
| GBPMXN |
|
|
25.2092 -921 pips |
25.4912 -1899 pips |
25.3013 |
News (MXN)
Mexico GDP Growth Slows To 3.5% Amid Tertiary Sector Slowdown
Mexican economic growth moderated in the fourth quarter after accelerating in the previous two quarters, largely led by a deceleration in the growth of the tertiary sector, preliminary data from the National Institute of Statistics and Geography, or INEGI, showed on Tuesday. Gross domestic product advanced an unadjusted 3.5 percent year-over-year in the December quarter.
RTTNews | 890 days ago
