# Latin American FX snaps four-day winning streak; Peruvian sol rises - Financial Post

> 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.

- Date: 2023-01-26 · published 2023-01-26T12:00:00.000Z
- Category: macro · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/38070-latin-american-fx-snaps-four-day-winning-streak-peruvian-sol-rises-financial
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

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.

## Sources

- financialpost.com: https://financialpost.com/news/latin-american-fx-snaps-four-day-winning-streak-peruvian-sol-rises-2/
- financialpost.com: https://financialpost.com/news/latin-american-fx-snaps-four-day-winning-streak-peruvian-sol-rises-3/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.