MXN/USD (MXNUSD=X)
| Previous Close | 0.0494 |
| Open | 0.0494 |
| Bid | 0.0499 |
| Day's Range | 0.0493 - 0.0502 |
| 52 Week Range | 0.0451 - 0.0515 |
| Ask | 0.0499 |
- MarketWatch
Why Mark Mobius thinks U.S. stocks haven’t bottomed — and where he sees emerging-market opportunities
Asked about his outlook for emerging- markets, Mark Mobius, a pioneering investor who helped to build Franklin Templeton’s emerging markets business before launching Mobius Capital Partners, argued that while the overall tone has been “generally negative” this year, there are still plenty of opportunities to be found in the emerging-markets space. The MSCI Emerging-Market Index (XX:891800) a gauge that includes shares of companies from more than 20 of the world’s biggest markets in Asia, Latin America and Africa, is down 18.4% compared with the S&P 500’s 13.4% (SPX) year-to-date.
- Reuters
EMERGING MARKETS-Latam currencies rise as dollar slides after U.S. manufacturing data
The data lent weight to bets that the U.S. Federal Reserve might not be more aggressive than anticipated at its September meeting, denting the dollar. The Mexican peso was up 0.2%. The currency has risen for five of the last six sessions.
- Reuters
UPDATE 1-Speculators' net long bets on U.S. dollar rose in latest week -CFTC, Reuters
U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the Japanese yen, euro, British pound, Swiss franc, and Canadian and Australian dollars. In a wider measure of dollar positioning that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian rouble, the greenback posted a net long position of $15.50 billion, up from $14.31 billion a week earlier. The U.S. dollar has risen 9% against a basket of currencies this year, helped by a hawkish Federal Reserve and heightened geopolitical tensions that have boosted the greenback's safe-haven appeal.
