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Dollar Extends Gains Following Poor 30yr US Auction

LATAM FX
  • Regional currencies taking their cues from the broad dollar strength and shift higher in US yields. As EURUSD slips through 1.1500, decent Mexican Peso weakness with USDMXN rising 1.26% and homing in on initial resistance at 20.6563, Nov 4 high.
    • USDMXN up 1.26% at 20.5742
    • USDBRL up 0.32% at 5.5034
    • USDCLP up 0.24% at 794.08
    • USDCOP up 0.49% at 3881.91
    • USDPEN up 0.21% at 4.0236
    • Bbg Dollar Index up 0.81% at 1167.86
    • JPMorgan EM Ccy Index down 0.68% at 54.904
    • S&P E-Mini Future down 12.75 points (-0.27%) at 4665.5
    • BBG Commodity Index down 0.4856 points (-0.47%) at 101.9781
    • WTI Crude Oil (front-month) down $2.6 (-3.09%) at $81.56
    • Gold is up $14.08 (0.77%) at $1845.65
    • US 10-Yr yield is up 13.1 bps at 1.5664%

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