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Mexico Fiscal Balance
It is important to note that the public budget in Mexico comprises not just government expenses and revenues, as well as the financial balance of institutions subject to indirect budgetary oversight, as well as the necessity for external and internal funding.
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 |
|
|
18.1572 -4717 pips |
19.2997 -6708 pips |
18.6289 | |
| EURMXN |
|
|
19.4709 -24706 pips |
22.0378 -963 pips |
21.9415 | |
| GBPMXN |
|
|
25.4218 -120 pips |
25.4912 -574 pips |
25.4338 |
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 | 885 days ago
