G10 and EM FX NY Sales EOD Round Up

The USD strengthened across G10 and EM currencies as Middle East geopolitical tensions and solid US manufacturing data fueled safe-haven and fundamental demand. Performance in Latin America was bifurcated, with BRL seeing carry inflows while CLP and KRW faced pressure from domestic economic data and equity outflows.

Key Takeaways

• 1.The US Dollar (USD) saw strong demand driven by geopolitical escalations between the US, Iran, and Israel, alongside stronger-than-expected ISM Manufacturing data.
• 2.Asian currencies broadly underperformed due to the strong USD; despite record South Korean trade surpluses, the KRW fell as foreign investors sold domestic equities.
• 3.Latin American markets showed mixed performance, with BRL outperforming on carry-trade interest while CLP struggled due to weak domestic production and mining contraction.

Table of Contents

• G10
• Asia
• LATAM
• BRL
• CLP
• COP
• PEN
• Contributions

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