Free Trial

USD Index Extends Advance To 1.25%, No Major LatAm Releases

LATAM
  • Despite a better session for equity futures and the EuroStoxx50 topping its mid-December resistance, the greenback is the strongest currency in G10 early Tuesday. Despite a strong wave of JPY buying in APAC trade, which saw USDJPY slip to near seven-month lows of 129.52, the USD index has advanced 1.25% with the Euro, AUD and NZD leading the weakness in G10.
  • Regional Germany CPI releases have continued throughout the session, with the national inflation figure due at 1300GMT. Inflation is seen slowing to 10.2% for the Y/Y EU-harmonized release. There are no central bank speakers of note across G10, with the FOMC minutes from their December meeting due Wednesday.
  • Following the release of Chilean economic activity, there are no major data releases in LatAm today. The focus will be on both Colombian and Chilean CPI figures due later this week, as well as the latest Banxico minutes from the December meeting.

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.