Mexico Consumer Confidence
Consumer Confidence Index (ICC) in Mexico is a metric that measures the current perceptions and future expectations that people have about their own economic situation, their family's economic situation, and the country as a whole, with respect to the purchase of consumer durables and non-durables, employment, inflation, and savings. A total of 2336 families in 32 major cities around the country were used to compile the index, which was released in September. As of January 2003, the ICC had a base of 100 points; levels above 100 imply optimism, 100 suggest neutrality, and levels below 100 indicate pessimism.
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 |
|
|
16.9124 +1396 pips |
18.8032 -20304 pips |
16.7728 | |
| EURMXN |
|
|
17.9326 -1296 pips |
19.4831 -14209 pips |
18.0622 | |
| GBPMXN |
|
|
20.9977 -68 pips |
0 +210045 pips |
21.0045 |
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 | 467 days ago
