Tuesday , June 18 2019
Home / chile / The dollar is rising in the world, and a stable trade deal and a warning against the Fed are being concluded in Chile

The dollar is rising in the world, and a stable trade deal and a warning against the Fed are being concluded in Chile




The dollar is once again gaining the expectation on the world markets that the Federal Reserve will end the policy of withdrawal of currency stimuli in the afternoon. The second round of talks between China and the United States improves the mood of investors.

The dollar index – the measure of the currency's performance against the basket of six world currencies – operates with a slight increase of 0.06%.

After recovering data on ADP, the currency recovered the land, which revealed that employers in the United States added 213,000 jobs in January, exceeding the expectations of the market.

For the rest of the day, the market remains expected at the end of the Fed's monetary policy meeting. Continuing signs of slowing down the economy are expected by the Federal Open Market Committee that they maintain the bandwidth in the band from 2.25% to 2.5% at the end of your general meeting.

At the end of the interbank market, the dollar was quoted at $ 667.7, down by $ 0.1 versus the previous day.

The performance of the Chilean peso occurs despite the rise in copper prices, which is a great reference for the national currency. The red metal contracts for the month of March rose by 1.37% and are in London 2.75 USD per pound, given the optimism for business negotiations.

"The dollar is stable despite a strong increase in copper by 1.37% and has no effect on further strengthening of the national peso." Another counterbalance that helped the dollar strengthen was the publication of the ADP employment survey, "Alpari Research analyst César Valencia explains.


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