The EUR/USD pair posted its largest weekly gain since March 2020, adding roughly 350 pips to reach a fresh 2022 high of 1.1483, to now trade at around 1.1430. The Euro soared following the European Central Bank monetary policy meeting, after President Christine Lagarde surprised market players with her hawkish …
Read More »Latin American Assets Impacted By Strong US Jobs Data
Most Latin American stocks and currencies fell on Friday after data showing strong jobs growth in the United States created room for a more hawkish US Federal Reserve.MSCI’s index of Latin American currencies. MILA00000CUS fell 0.8% and stocks .MILA00000PUS dropped 0.5%. Still, both the indexes were set for weekly gains …
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