Monday , March 8 2021

Dollar into a tailspin and bankruptcy of support for $ 680 in early trading

The dollar continues to fall around the world and in Chile. At the opening of the local inter-bank market, the US currency traded at $ 678.8 Seller, a decrease of $ 3.7 compared to the previous day.

Quotes Chinese stimulus measures and the expectation of talks between Beijing comes amid a serene environment to the world market after the euphoria of the end of last week, the Federal Reserve, the employment data in the United States, and Washington to end a trade war.

In this regard, dollar index which measures the greenback against six currencies in the world, it operates with a low of 0.23% and is on track to celebrate their third consecutive day lower.

"This fall in line with the scenario of the weakness of the dollar after the Fed chairman, Jerome Powell, indicating that monetary policy may be less expansionary, if not accompanied by the growth of the world economy. This means that the rate increase at least three times in the next year, "said analyst XTB Latam, Jose Raul Godoy.

In this scenario, a basket of currencies of emerging markets recovered ground and the Turkish lira with the & # 39; is the only currency band against the dollar fell to -0.74%.

Meanwhile, Indian rupee coin and Chile pesos most often seen with the achievements of 1.30% and 0.68%, respectively.

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