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Latin American currencies snapped a four-day winning streak as the dollar firmed after U.S. data showed strong fourth-quarter growth. The Peruvian sol rose 0.6% while Mexico's peso fell 0.2% to 18.85 and the Brazilian real eased 0.4%.
Separately, Brazil's Petrobras led losses on the Bovespa after its board approved a new chief executive.
Currency moves in Brazil and Mexico affect the local-currency cost of imported feed ingredients and the competitiveness of their exports. These daily moves are small and do not signal a change in supply or demand.
financialpost.comJan 26, 2023financialpost.comJan 26, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
