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Bloomberg Dollar Index Advancing For Fifth Consecutive Session

LATAM
  • The greenback trades in firmer territory after paring some stronger gains made during APAC trade. The BBDXY index is gaining for the fifth consecutive day as its 1-month implied volatility was closing on its cyclical highs.
  • Spot USD/CNH advanced but the CNH7.2 mark has so far proved resilient, with domestic COVID-19 case counts likely weighing on the redback.
  • Brazilian IPCA inflation headlines the LatAm data docket.
  • Speeches are due from Fed's Mester, ECB's Lane & Villeroy.

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