Mexico Foreign Exchange Reserves
Foreign Exchange Reserves in Mexico are the foreign assets kept or managed by the central bank of the country. Usually, gold or a specific currency are used as reserve assets. Additionally, they can be special drawing rights and marketable securities denominated in foreign currencies, such as treasury bills, government bonds, corporate bonds and equities, and foreign currency loans.
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 |
|
|
16.9544 +824 pips |
18.7268 -18548 pips |
16.8720 | |
| EURMXN |
|
|
17.9688 -1944 pips |
19.4831 -13199 pips |
18.1632 | |
| GBPMXN |
|
|
20.9968 -1806 pips |
0 +211774 pips |
21.1774 |
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 | 461 days ago
