Free Trial

Snapshot: MXN And PEN Lead LatAm FX Declines

LATAM
  • LatAm Snapshot: MXN and PEN leading the declines in the region with Brazil out for Corpus Christi Holiday. The losses slightly greater relative to the move in the BBG Dollar Index, potentially with some additional headwinds stemming from this weekend's elections. Focus will turn to the Friday's release of US May Non-Farm Payrolls.
    • USDMXN up 1.31% at 20.1583
    • USDCLP up 0.45% at 719.95
    • USDPEN up 1.28% at 3.8714
    • Bloomberg Dollar Index up 0.7% at 1124.59
    • JPMorgan EM Ccy Index down 0.51% at 57.827
    • Gold is down $35.57 (-1.86%) at $1872.77
    • Copper Futures down 13.45 (-2.93%) at 445.75
    • US 10-Yr yield is up 3.6 bps at 1.6233%
  • Local Equity Indices:
    • Mex Bolsa down 235 points (-0.46%) at 50470
    • Chile IPSA Index down 180.48 points (-4.11%) at 4213.49

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.