Latam FX rallies as US jobs data dents dollar; Colombia hit by downgrade - Markets

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Aug 30, 2021Latam currencies firm, Colombian central bank meeting eyed - Markets - Business Recorder-0.7%
• Jan 13, 2022Australia, NZ dollars look to break higher as US$ retreats - Markets - Business Recorder+0.1%
• Apr 13, 2023Indian rupee firms as cooling US inflation, recession woes hurt dollar - Markets - Business Recorder+0.3%
• Dec 30, 2020Australian, NZ dollars on the rise as US$ crumbles - Markets - Business Recorder-0.6%
• Aug 23, 2021Rebound in commodity prices, weaker dollar lift Latam currencies - Markets - Business Recorder-1.0%

After 213 past bearish macro events, Brazilian Real (BRL per USD) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +0.9%), and +0.2% over 20.

• Aug 23, 2021Rebound in commodity prices, weaker dollar lift Latam currencies - Markets - Business Recorder-3.8%
• Mar 19, 2021Latam FX firm; Pemex move puts Mexico's credit rating in focus - Markets - Business Recorder+1.8%
• Aug 27, 2021Latam FX range bound on caution ahead of Powell speech - Markets - Business Recorder-1.5%
• Oct 27, 2021Brazil's real gains as bets rise for large rate hike - Markets - Business Recorder+1.7%
• Jun 22, 2021Brazil's real bucks Latam gloom on hawkish central bank minutes - Markets - Business Recorder-1.7%