This Tuesday, October 10, the foreign currency remains above 4,600 pesos. By 9:00 am, it registered an average trading price of $4,623.00.
Namely, 17.71 pesos above the TRM for the day, which is $4,605.29.
At the close of the day, the currency obtained a average price of $4,608.82. Which implies 3.53 pesos above the TRM.
The maximum trading price was $4,634.90 and the minimum was $4,584.50. Along with this, the last trading value was $4,606.00.
Likewise, the day opened with a value of $4,630.00.
(Read: The world will suffer a ‘slowdown’ in 2023 and many countries will fall into recession).
The dollar rose again on October 10, buoyed by strong US employment data, while Stock markets fell both in New York and in Europe.
The green ticket, which has already reached multi-year highs against the euro and other currencies, continues to rise as investors expect Friday’s US employment figures, as well as inflation data due this week, to uphold the Federal Reserve’s plan to sharply raise interest rates. interest.
“If inflation remained stubbornly high, it would threaten to (cause) market disruption and float the dollarJoe Manimbo said in a Convera note. Analysts said Monday’s dollar gains also reflect the worsening conflict between Russia and Ukraine, which has bolstered the dollar’s position.
dollar as a “safe haven” investment.
(See: JP Morgan assures that Petro’s tweets have brought volatility to the country).
It will also be a busy week in terms of company earnings announcements in the United States.
BRIEFCASE
With information from EFE*
