Summary

MEXICO - USDMXN closed right around the important 19.60 level but no fireworks either side. Still appears to be better sellers on rallies with some desk noting light positioning amid attractive real and nominal yields.

• Today we have December unemployment data at 12:00 GMT, expected 4.28%.
• Elsewhere, expect AMLO to reiterate Ebrard's comments on the end of border wall construction and immigration action that would strengthen DACA for childhood migrants.
• *0915Local: Central bank deputy governor Jonathan Heath (dove and dissented at last two Banxico meetings) speaks at a Fitch virtual event for issuers, bankers and investors.

CHILE - Extremely strong session for the Chilean Peso yesterday. USDCLP sold off from 739 highs to close at 722.42. Another leg lower on the open this morning sees us down another 0.8% to trade at 716.80. The bearish outside day will assist the pair in targeting the most recent inflection point at 701 and the most recent lows of 693.

• PPI on Friday the highlight of a very light domestic calendar.

Argentina's YPF SA creditors may face an early deadline to tender bonds, while a coupon payment is also due.