2023/10/06

Global FX Daily – The bullish USD trend suffers some profit taking ahead of today’s labour data

- EURUSD recovers the 1.05 level after testing fresh YtD lows this week
- The CHF outperforms its peers despite the absence of clear drivers
- LatAm FX remains under depreciation pressure; the COP and MXN underperform
- Peru cuts policy rate by 25bp, as expected
- CPI data likely to show continued disinflation in Chile and Colombia on Friday

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