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Downside continuation


CPI Eases to +17.4% in November Flash


Europe Still Importing 45% of Diesel from Russia


Pushing through session lows

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Snapshot: Despite the bounce in US equities and an offer coming back into the DXY from earlier highs, USD/LATAM remains on the front foot.

  • *USDMXN (+0.26%)
  • *USDBRL (+0.80%)
  • *USDCLP (+1.28%)
  • *USDPEN (+0.32%)

Markets may focus on a failed technical break of the 20.00/03 level in USDMXN and await further catalysts to provide the next leg lower with 19.9482 acting as short term support.

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