The Mexican peso advanced against the greenback Monday morning in New York. The Mexican currency gained ground during the early-to-mid-morning, reaching an intraday high of 10.7612 at 7:00 am ET. The peso lost some of its gains over the next three hours, trading at a mark of 10.7714 at 10:00 am. This is compared to an intraday low of 10.7990 at 1:20 am.
The Brazilian real climbed sharply against the American dollar Monday morning in New York. After a morning mostly dominated by uncertain trading, the Brazilian currency began to advance at 8 am ET. At 10:07 am ET, the real reached a mark of 1.9155 against its American counterpart. This is compared to an intraday low near 1.9320 around 12:30 am. Traders looked ahead to Monday morning`s release of the Brazilian trade balance for June.
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