The combination of a US bank holiday, and investors likely being wary of taking directional bets ahead of the US non-farm payrolls data release tomorrow, is likely to lead to a very-very quiet trading session today. Overnight guidance for LATAM FX is mixed, as MXN opens almost flat to the USD (+0.1%), while commodities are mostly softer (oil -0.3% and copper -0.9%) as they cope with the conflicting pressures of Middle East uncertainty and Chinese growth concerns.
Read full report: FX Daily
Scotiabank