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USD Reverses Monday's Advance, Holidays In Chile & Peru

LATAM
  • After a strong start to the week, the greenback has reversed course to trade lower against all others to mark the beginning of a new month - just one session ahead of the Fed rate decision on Wednesday.
  • Focus turns to JOLTS job openings data later today as well as the October ISM manufacturing. The latter release will be watched for clues ahead of this Friday's NFP release.
  • It is worth noting that markets in Chile and Peru are closed today, with local holidays for Mexico and Brazil on Wednesday. The main events in the region on Tuesday will be Brazil Industrial production data and Peru CPI. Chilean economic activity crosses on Wednesday, however, the FOMC decision/press conference and Friday’s US jobs data are likely to be the key drivers for markets.

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