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Macro

Dollar Mixed in New York Late Trade; Mexican Peso Falls 1.27%

In late New York trade on Thursday, September 24, the euro fell 0.05% against the dollar and sterling dropped 0.20%, while the dollar rose 0.32% against the Swiss franc. The Mexican peso led losses among emerging-market currencies, sliding 1.27% against the dollar, with the Brazilian real down 0.39% — a two-day decline of 1.79%. The Australian dollar fell 0.35% and the dollar gained 0.29% against the Canadian dollar.

Original source

AI take

The peso's 1.27% slide stands out against the modest G10 moves, and the real's two-day decline suggests the pressure is regional rather than a single-currency story. That matters for emerging-market risk sentiment, since Latin American currencies often act as the first place broader dollar strength or risk aversion shows up. Whether the peso and real keep leading losses, or whether this fades as a one-day repricing, is the open question worth watching.

Generated by AI for reference only.

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