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Initial US Dollar Bounce Faded, Fed's Optimism Benefits Regional FX

LATAM FX

POST FOMC: LATAM FX REACT – Initial pop higher in the dollar faded and Latam FX now benefitting from the Fed signalling growing optimism. Brazilian Real and Peruvian Sol the main gainers on the session with the Mexican peso hot on their heels, close to 1% higher than the worst levels overnight.

  • USDMXN down 0.77% at 19.899
  • USDBRL down 1.3% at 5.3804
  • USDCLP down 0.65% at 697.77
  • USDCOP down 0.18% at 3708.85
  • USDPEN down 1.64% at 3.7764
  • BBG Dollar Index down 0.22% at 1126.58

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