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WMR Fix sees USD Selling

LATAM FX

Similar price action to yesterday around the WMR fix saw notable dollar selling. USDMXN was hit from 20.00 down to 19.90 and USDBRL traded as low as 5.1534, after making a high at 5.2354 a couple hours before. Both have stabilised since the fixing window ended.


Less affected by the fix, CLP (+0.45%) and COP (+0.87%) continued to be supported by a positive commodity complex. USDCLP has been testing some notable supports sub 710 over the past few sessions.

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