LatAm Currencies Rise on Weak US Jobs Data, Dollar Dented
Most Latin American currencies strengthened against the dollar as weaker-than-expected US jobs data reduced odds of a Federal Reserve interest rate hike in October. Stocks were mixed, with investors also monitoring Brazil's presidential election.
Most Latin American currencies gained against the dollar after weaker-than-expected US jobs data lowered expectations for a Federal Reserve rate hike in October. Stocks in the region were mixed as investors also watched Brazil's presidential election.