The number of Americans filing new claims for unemployment benefits unexpectedly dropped last week, once again demonstrating the economy’s resilience despite the tightening of monetary policy.
A second report from the Department of Labor showed an acceleration of monthly producer prices in January. The producer price index for final demand rose 0.7% last monthafter decreasing by 0.2% in December.
The US currency rose around 0.3% against a basket of six major currencies that make up the dollar index.
Dollar: how much it operates in Colombia
The Colombian peso led the losses for the second consecutive day and depreciated 1.46% to 4,993.50 units per dollar, its lowest level in three months, in a combination of the global trend, economic growth data lower than what expected in 2022 published the day before and the uncertainty due to the fiscal impact of the local reform agenda promoted by the Government, agents said. “There are three perfect storms that make the dollar approach 5,000 pesos,” said Sergio Olarte, Scotiabank’s chief economist for Colombia.
Dollar: how much it operates in Mexico
The Mexican peso was trading at 18.6530 units, with a loss of 0.43% against the Reuters reference price on Wednesday. Earlier it came to advance 0.17% to 18.5438 per dollar. “The Mexican currency was affected by the publication of key indicators for the Fed, which reflect that the conditions are right for it to continue raising its reference interest rate,” said Janneth Quiroz, deputy director of analysis at Monex Grupo Financiero.
The main stock index S&P/BMV IPC, which includes the 35 most liquid companies in the Mexican market, fell 0.14% to 53,348.24 units.
Dollar: how much does it operate in Brazil
The Brazilian real depreciated 0.65%, to 5.2538 units per dollar, while the Bovespa index of the B3 stock exchange in Sao Paulo fell 0.81%, to 108,747.50 points. Brazil’s economic activity grew 2.9% in 2022, according to a Central Bank index released Thursday, supported by the strength of the services sector and defying initial forecasts of a slight expansion.
Dollar: how much does it operate in Argentina
In Argentina, the official peso fell 0.22% to 192.80 per dollar in depreciation regulated by the Central Bank, while the S&P Merval stock index rose 1.5% to 258,762 units.
Dollar: how much does it operate in Chile
The Chilean peso lost 0.63% and was trading at 799.20/799.50 per dollar. Meanwhile, the leading index of the Santiago Stock Exchange, the IPSA, rose a timid 0.09%, to 5,409.93 units. “Markets are moving in line with the changing US rate landscape, which causes high volatility and constantly changing moods in investor sentiment,” a trader said.
Dollar: how much does it operate in Peru
The Peruvian currency, the sol, depreciated 0.16% to 3.871/3.875 units per dollar. Meanwhile, the benchmark of the Lima Stock Exchange lost 0.17% to 571.72 points.
Source: Ambito
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