Global FX Daily – US labour data provides support to the USD and should favour a cautious Fed

- Hot-money flows set to contain the EURUSD rally, but long-term bullish view remains intact
- EURGBP hovers around 0.85 ahead of the BoE decision
- LatAm consolidation continues into Fed week; long USDCOP launched; the ARS reopens
- Brazil’s central bank likely to make last hike, BCRP to maintain its pause