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Risk On Spurs LatAm FX

LATAM FX

Mixture of good news causing LATAM FX to rally. Bolsonaro comments on fiscal aid, Mex upgrades to GDP forecasts but more importantly surging global equities and the DXY plumbing new lows.

  • USDMXN (-0.8%) at 20.0250
  • USDBRL (-2%) at 5.2525
  • USDCLP (-1.16%) at 758.45

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