Free Trial

Small Turn In Bloomberg Dollar Index Prompts LatAm FX Turnaround

LATAM FX
  • MEXICO - The turn in the Bloomberg Dollar Index sees some respite for LatAm FX. USDMXN hovering just above the day's lows 20.1529 with just over a 1% turnaround.
  • CHILE - The catch-up rally never materialised as the peso continued it's resilient performance relative to peers. A similar 1% reversal in USDCLP as desks report good model selling back to lowest levels of the week ~715.

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.