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Firmer Equity Indices Weigh On US Dollar, Boost EMFX

LATAM
  • A firmer start for major equity benchmarks to start the week has seen the greenback come under pressure against major currencies and the emerging market FX basket.
    • Central bank decisions from the RBA and the ECB will be the DM risk events in focus this week before Friday’s US CPI release highlights the data calendar.
    • The Summit of the Americas begins in Los Angeles with discussions from civil society and a leaders forum later in the week.

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