Charts of the day are.....

.....the US Dollar versus local currencies, three month chart and 12 month chart.

Here's the 90 day variety...

...with Mexico the only country on the losing side to the dollar recently (even the Argy Peso (ARS) is appreciating a touch, to the relief of all those gringo plumbers who moved there a couple of years ago to reinvent themselves as professional photographers now renting their lofts in Palermo Soho). But the Chilean Peso (CLP) is the big winner in recent days, with the currency up 10% against the USD thanks to a simple macro equation; good economic policy+early action against crisis last year+copper over $3/lb= Chile's coming out of recession faster than the rest.

The 12 month chart also has Chile up there battling with regional big boy Brazil

Meanwhile, Fitch-downgraded Mexico and wunderkind Peru have performed like-for-like this year........draw your own conclusions from that one (hint: IMF likes Peru)