OctaFX | OctaFX Forex Broker
Anmelden
Konto eröffnen
Back

USD/MXN rises to 1-week highs as US Dollar strengthens in LatAm

FXStreet (Córdoba) - Greenback is rising across the board on Tuesday and particularly against Latin-American currencies. USD/MXN is gaining 1.54% and peaked at 16.911, reaching the strongest level in two weeks.

The Mexican peso is ending a corrective phase that brought the USD/MXN pair from a record high at 17.30 (Aug 26 high) to 16.36 (Sep 17 low).

USD up against all

Today’s most mentioned currency in Latam was the Brazilian real that reached an all-time low versus the US dollar with USD/BRL rising above 4 but the worst performer in the region on Tuesday was the Colombian peso that lost more than 2%. Also the Chilean peso fell deeper that the real. USD/COP climbed above 3050 while the USD/CLP approached again the 700 handle.

USD/BRL is about to end around 4.04, a gain of 1.50%. Since the beginning of the year the pair rose more than 50% while USD/MXN 15%. During the last five days the real lost 4.50% of its value against the dollar.

USD/JPY: bears look for a US session close below 120

USD/JPY is currently trading at 120.02 with a high of 120.59 and a low of 119.68.
Mehr darüber lesen Previous

EUR/USD posts third daily loss in a row

EUR/USD fell considerably throughout the day as the dollar benefited from the risk aversion environment amid lingering concerns over the global growth outlook and uncertainty over the timing of the Fed’s liftoff.
Mehr darüber lesen Next
Livechat starten