The dollar exceeds $ 650



[ad_1]

The currency registered an increase of $ 3.3 and overall it rises against the euro and the pound sterling.

Although during the morning the global rebound of the dollar has moderated, the local currency market has distanced itself from its peers The Latin Americans, with the crossing of currencies, again cross the bar of $ 650 [19659003] At the close of trading, the US dollar was $ 650.8 per buyer, which represents an increase of $ 3.3 against the US dollar.

In a context of mixed performance for emerging currencies, the Chilean peso is decoupled from its Latin American peers: while the main currencies of the region have strengthened against the dollar, the local exchange has lost

Today's meeting was totally unfavorable to the Chilean peso, copper, the country's main export product, falling back to London

. The day before, the dollar collapsed nearly 6 dollars. thanks to the best t copper ranch and despite the increase in the value of the currency at an external level.

Euro and Pound

Against the euro and the pound, precisely, the dollar is increasing at 3% its rise so far this year. 19659005] Trump's commercial threats shook the currency market in recent weeks, favoring the dollar as a safe haven currency. This is a period when monetary policy divergences have become even worse.

The British currency reached US $ 1,336 on Monday, and four sessions later, it is at the limit of US $ 1.31. The loss of this level would leave the pound in line with its annual minimums, the US $ 1,305 of June 28, reported Expansión.

The pound fully accused during the week of uncertainty caused by the government crisis in the United Kingdom. The resignation of two of its ministers in reaction to the proposal for a "mild Brexit" by Theresa May has even encouraged speculation about the loss of support needed for the continuity of the British prime minister.

Copper

The Chilean peso also played against a further depreciation of copper futures, which place the price of the country's main exports below US $ 2.80 per pound. next few quarters.

] According to Bloomberg figures, contracts at this year's September fell 0.4% to US $ 2,77660, while December futures declined 0.41% to 2,7905 US $.

[ad_2]
Source link