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Dlar closes with an increase of $ 3 before the new minimum price of copper
Friday, July 13, 2018
Economics and e-commerce
Future value
The dollar in Chile ended the day with an advance of $ 3.60 to $ 650.60 and purchase of $ 650.90
The negotiated amount reached US $ 1,284 million, $ 50 million more than the US $ 1,234 million recorded yesterday .
With an all 0.11% this Friday closed the copper in the London Metal Exchange (LME), to be traded at $ 2,79685 per pound counted "Grade A", a level that compares to $ 2 US, 80003 Thursday and US $ 2.80411 Wednesday
Meanwhile, the preliminary index of consumer confidence in the United States (United States) fell to 97.1 points in July, from 98.2 totals recorded in June and under the 98.2 units expected by the market, according to figures given today by the University of Mchigan.
Bci Estudios commented that "China's monetary authority mentioned It will not use its currency as a tool for action against US protectionist measures. The yuan, however, gets one all 4.5% since mid-June, the currency that has lost the most value against the dollar during this period.With this, the tension badociated with trade policy will continue to generate volatility in the short term. "[19659007] EXPECTATIONS
Daniel Merio of XTB Latam commented that "for the moment, the change should still be in a range of $ 650 – Although BBVA Research estimates that the dollar will return to $ 615-620 in the short term, will rebound to 640-650 dollars by the end of the year.
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