Mexico Current Account
The Current Account balance is calculated as the difference between exports minus imports of products and services, net factor income (such as interest and dividends), and net transfer payments (such as foreign aid).
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 |
|
|
16.9443 -10 pips |
18.8322 -18869 pips |
16.9453 | |
| EURMXN |
|
|
17.9633 -1811 pips |
19.3600 -12156 pips |
18.1444 | |
| GBPMXN |
|
|
21.0294 -1985 pips |
0 +212279 pips |
21.2279 |
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 | 457 days ago
