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The US currency rose slightly by $ 0.2 at the end of trading, trading at $ 675.5, while copper futures are increasing.
After a few complicated days, tainted by the upsurge in trade tensions between China and the United States, the local currency market expects clearer signals, closing the day today virtually unchanged from yesterday.
At the end of the day's operations, the exchange rate was $ 675.5, which represents an increase of $ 0.2 over the price of yesterday.
This is occurring 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 track to mark its fourth consecutive day of hike.
Although copper rallied, which supported the Chilean peso during the day, with a 0.54% increase in London's spot price and a rise in futures contracts approaching 2% in New York, this increase was offset by the international appreciation of the reference currency.
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 in search of clues as to the rate hike strategy for next year.
A more aggressive Fed along with a monetary normalization – or a hawk – could give an extra boost to the dollar's price, while the emphasis on gradualism and caution could hurt its vigor.
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