Covid Virus Risks Weigh on Latam FX; USD/BRL and USD/MXN Spike Higher
Covid Virus Risks Weigh on Latam FX; USD/BRL and USD/MXN Spike Higher 2021-07-01 21:00:00 Diego Colman, Market Analyst Brazilian real and Mexican Peso Outlook: Latin American currencies weaken on coronavirus risk in the first day of July The Brazilian real leads losses and tumbles against the U.S. dollar, Mexican peso also falls, but its decline is more moderate On Friday, investors’ attention will shift to the U.S. employment report Advertisement Latam FX began July and the second half of the year with a negative bias, weighed down by concerns about the more contagious Delta Covid variant...
Source: dailyfx.com