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The US dollar recorded a small increase of $ 0.2 at the end of trading, trading at $ 675.5, while copper futures are increasing (19659002). After a few complex days, marked by renewed commercial tensions. between China and the United States, the local currency market expects clearer signals, closing the day today about unchanged from yesterday.
At the end of the day, at the end of the course, at $ 675.5, which represents an increase of $ 0.2 over the price of yesterday.
This occurs in a context of negative results for most emerging currencies, while the international price of The US currency – measured by the Dollar Index, which contrasts with a basket of world currencies – is on the point to mark his fourth consecutive day of hike.
Although copper rebounded today today, it heard the Chilean peso during the day, with a 0.54% increase in the price in London and futures contracts appreciating nearly 2% in New York, neutralized by the international appreciation of the currency of reference. [19659003] According to local operators, investors follow the speech of Jerome Powell, president of the US Federal Reserve. After his presentation, at 2 pm, market agents will badyze their comments looking for clues as to what will be the rate hike strategy for next year.
A more aggressive Fed with a normalization monetary – or Hawkish – could give an additional boost to the price of the dollar, while the emphasis on gradualism and prudence could affect its vigor.
