Attention on the dollar after a weekly depreciation of 0.44%

If you look at the monthly balance, it is also negative since, if the behavior of the last six exchange days is considered, the US currency has lost 0.74% of its value; and on only one occasion did it manage to trade above 39 pesos. Just like if you look at the performance so far this year, where the decline is already 0.68%.

Globally, the markets opened stable this Monday. He dollar index was trading at 102.68, after falling more than 1% last week, and the euro It was trading flat at $1.09375.

He and in rose slightly, after Reuters reported that a growing number of political leaders in the Bank of Japan are considering the idea of ​​ending negative rates this month. The dollar fell 0.4% against the yen, standing at 146.52.

The fall of dollar and bond yields has favored the goldwhich rose to $2,180.63 an ounce, after gaining 4.5% last week and reaching all-time highs.

Last week, the dollar At a global level it also closed in a negative field. It experienced the largest weekly drop since mid-December, with a drop of more than 1% from end to end, a drop greater than that experienced by the Uruguayan exchange market.

What happened to the yield of Uruguayan global bonds?

The performance of the Uruguayan bonds in dollars The 10-year bond showed a contraction of -9.9 basis points per week and closed at 4.7%. However, it has increased by 22.7 basis points since the beginning of the year.

The yield curve of fixed rate bonds in pesos fell 1.62 basis points on average. This performance was driven by contractions in the shortest sections of the curve, particularly those less than 1 year, Puente noted. The average yield was 9.09 basis points above the level of inflation.

The performance of the bonds in Indexed Units (UI) It rose 0.06 basis points on average, driven by the shortest part of the curve. Then the average yield was +2.82 basis points above the inflation level.