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Mexico peso

Latam FX fall on virus worries; Brazil's real down 1%
Markets

Latam FX fall on virus worries; Brazil's real down 1%

  • Manufacturing activity in Brazil hit four-month highs in June, PMIs showed, while Chile's economic activity jumped a better-than-expected 18.1% in May.
  • The real and Chile's peso dropped up to 1% each, with the peso giving up gains of as much as 0.7%. Mexico's peso fell 0.4%.
Updated 01 Jul, 2021 09:24pm
Brazil's real leads gains across Latam currencies
Markets

Brazil's real leads gains across Latam currencies

  • BRL up on economic prospects.
  • Bolsonaro faces protests as COVID deaths rise more than 500,000.
  • Latam FX rally as dollar dips after Fed rally.
  • BlackRock pro-risk; Morgan Stanley turns bearish on EMFX.
Published 21 Jun, 2021 08:21pm
Peru's sol slides as post-election jitters build
Markets

Peru's sol slides as post-election jitters build

  • Brazil's real meanwhile slipped 0.7%. The country's monetary policy committee Copom is due to release its decision after the Fed on Wednesday. A 75 basis-point hike is expected as inflation is well above the central bank's target.
Updated 15 Jun, 2021 08:48pm
Brazil's real rises, Mexican peso hits two-week low
Markets

Brazil's real rises, Mexican peso hits two-week low

  • Brazil's real bucked the trend, erasing early losses to rise 0.4%. The currency extended gains to a third straight session with iron ore prices rising. Shares in iron ore miner Vale rose 0.3% and were among top gainers on Sao Paulo's main stocks index.
Published 28 May, 2021 08:41pm