Covid Virus Risks Weigh on Latam FX; USD/BRL and USD/MXN Spike Higher
Summary
By sueyangfx.com July 01, 2021 at 10:05PM Latin American currencies weaken on coronavirus risks, with the Brazilian real leading losses and falling sharply against the U.S. dollar at the start of the new month.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
July 01, 2021 at 10:05PM
Latin American currencies weaken on coronavirus risks, with the Brazilian real leading losses and falling sharply against the U.S. dollar at the start of the new month.