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Snapshot - Regional Weakness With Heavy Data Week Ahead

LATAM FX
  • LATAM FX: Despite a firmer commodity complex and broadly unchanged greenback, local currencies weakened on Monday amid thin volumes due to the US holiday. Highlights on the data front this week include June inflation data out of Mexico, Chile and Brazil, May retail sales for Brazil and Chilean trade balance. Peru's central bank will also meet and release their monetary policy decision and statement.
    • USDMXN up 0.37% at 19.8458
    • USDBRL up 0.56% at 5.0877
    • USDCLP up 0.1% at 736.21
    • USDPEN up 0.66% at 3.9284
    • BBG Dollar Index down 0.01% at 1139.68
    • JPMorgan EM Ccy Index down 0.1% at 57.146
    • WTI Crude Oil (front-month) up $1.2 (1.6%) at $76.36
    • Gold is up $4.43 (0.25%) at $1791.85
    • Copper Futures up 7.1 (1.66%) at 435.30

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