Influence: the dollar has risen because of new tensions between the United States and China | Chronic

The dollar for the sale to the public rose on Monday to 0.82% and closed at an average of $ 45,927 for sale to the public, due to the noise generated in international markets by the definitions of the president. Donald Trump with regard to the US trade with China and a new tension in the trade relations of the two powers.

On the wholesale market, the US dollar rose 0.47% to end at $ 44.65.
Gustavo Quintana, badyst of PR Corredores de Cambio, specified that "driving has had a clear impact of international nervousness resulting from trade negotiations between the US and China" and therefore "the North American currency has run with a lot of ups and downs and marked volatility but with a moderate adjustment compared to the previous fence ".

President Donald Trump has again strained talks with China today, when the United States first published a billion dollar loss on the Twitter network with Beijing and pledged to protect the country from the world's worst. economy of their country. "Sorry, but we will not continue doing that!", said by this social network.

Quintana badured that the supply of dollars could control the movement of the wholesaler, "mitigate a correction that in the first part of the day had shown an excess in the local reaction"he said.

While emphasizing that without official intervention "the market has found some moderation in the price adjustment because of the good revenue stream verified on the date".

As, Christian Buteler, financial badyst, explained that the international context was affecting the local currency "Good and all the price of the dollar has gone from the highest to the lowest in line with the currencies of the region".

Fernando Izzo, an badyst at ABC Mercado de Cambios, said that since the beginning of the day, the dollar has been asking and has risen to run at $ 45.40 in the single and free foreign exchange market "Before the news of the United States that provides for a tariff increase in China, which has not succeeded".

The volume traded in the cash sector amounted to US $ 746 million and there was no trading in the MAE futures market.

In the Rosario (Rofex) futures market, US $ 1,246 million was raised, 17% more than Friday. Short segments accounted for just over 55% of the total, with prices at $ 46.62 and $ 48.72 for May and June. For the month of October, US $ 76 million was operated at a final price of US $ 57.98.

On the monetary side, the Central Bank of the Argentine Republic (BCRA) validated a reduction of Leliq rates by 23 basis points, ending on average at 73.530% for a total amount of $ 217,215 million.

This transaction generated a contraction in liquidity of $ 20,629 million.