The dollar rose 0.82% and closed at $ 45.92, resulting in renewed tension between the United States. and China



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The dollar for public sales rose 0.82% and closed at $ 45,927 on average for sale to the public, due to the noise generated in international markets by President Donald Trump's definitions of state trading United States 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, explained that "at the wheel clearly had an impact of international nervousness resulting from trade negotiations between the United States and China" and that "the North American currency was working so with many ups and downs and marked volatility but with a moderate adjustment compared to the previous closing. "

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 go on doing this!" He said on this social network.

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

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

At the same time, Christian Buteler, a financial badyst, explained that the international context is affecting the local currency, which "as well as all dollar prices have gone from a higher price to a lower price, according to the currencies. of the region".

Fernando Izzo, an badyst at ABC Mercado de Cambios, said that since the beginning of the day, the dollar was demanded and operated at $ 45.40 on the single and free foreign exchange market, "before the news of the United States is considering an increase in China tariffs, which has not materialized. "

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.

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