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US Dollar Extending Losses, LatAm FX Advances

LATAM
  • USD extending losses with the Bloomberg dollar index now down 0.7% and both G10 and EM currencies beneficiaries. Major equity indices continue to climb very supportive of LatAm FX across the board:
  • USDMXN down 1.22% at 19.8723
  • USDBRL down 1.31% at 5.2087
  • USDCLP down 0.81% at 693.72
  • USDCOP down 1.05% at 3781.02
  • USDPEN down 0.58% at 3.7955
  • Bloomberg Dollar Index down 0.69% at 1119.35
  • USDCNH down 0.68% at 6.4205
  • JPMorgan EM Ccy Index up 0.87% at 57.949
  • S&P E-Mini Future up 35.25 points (0.84%) at 4229.5

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