Free Trial

Risk On Front Foot - Weighs On Greenback

LATAM
  • Headlines concerning Ukraine's Podolyak have stated there are discussions regarding a ceasefire which have boosted risk sentiment and put equity futures at their best levels since late January.
  • In the currency space, this has translated into EUR strength and weakness among haven currencies, including the greenback.
    • The dollar index is around 0.35% lower which has translated into USDMXN retreating 0.3%, back towards the 20.00 mark.
  • Formal job creation and federal debt figures from Brazil precede Argentina Economic Activity data.
  • Following the close, we will have a monetary policy decision from the Central Bank of Chile.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.