Free Trial

USDMXN Bounces 1% As Greenback Recovers Back To Unchanged

LATAM
  • Remaining in the LatAm session we have Brazilian trade balance data and the quarterly inflation report out of Mexico
  • With the dollar catching a slight bid in recent trade, USDMXN has bounced off the 21.1180 lows and USDCLP and USDBRL have been steadily grinding higher post the open. Below gives key levels of LatAm markets in current trade:
    • USDMXN down 0.57% at 21.3301
    • USDBRL up 0.15% at 5.6325
    • USDCLP up 1.04% at 837.9
    • USDCOP down 0.07% at 3959.73
    • USDPEN up 0.08% at 4.068
    • Bloomberg Dollar Index down 0.03% at 1182.23
    • USDCNH up 0.05% at 6.3704
    • S&P E-Mini Future up 68 points (1.49%) at 4632.25
    • WTI Crude Oil (front-month) up $1.44 (2.18%) at $67.70
    • Gold is up $10.24 (0.58%) at $1784.83
  • Local Equity Indices:
    • Brazil Ibovespa up 1074.4 points (1.05%) at 102989.8
    • Mex Bolsa up 1025 points (2.07%) at 50545
    • Chile IPSA Index down 22.9 points (-0.52%) at 4409.77

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.