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The dollar today is appreciated 0.89% against the Chilean peso, after closing at 677.50 pesos, seller in the local financial market, six pesos more than the day before.
The day was framed by an advance. US, against other currencies, particularly emerging economies, and a 1.63% decline in the price of copper, which closed at $ 2,788 per pound
. that China has sunk overnight, bringing the losses of its main index to 30% from the peaks of January. The greenback hit more and more for a week, while the 10 – year Treasury yield fell to 3.16%.
"As with any other movement of volatility, it is difficult to give an exact reason, but we all have the usual culprits: worries about world trade, the profit season and potentially risky businesses for another type of winter expenses, "said Kevin Caron., Senior Portfolio Manager at Washington Crossing Advisors." It's a hodgepodge, you have all these things going together at the same time, "he concluded.
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