The number of Americans filing new claims for unemployment benefits unexpectedly dropped last weekwhich once again demonstrates the resilience of the economy 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, after hitting a six-week high.
Dollar: how much it closed in Colombia
The Colombian peso closed stable compared to the previous session, at 4,921.45 units per dollar, on a volatile day when he touched the lowest levels in three months, amid the global rise of the dollar after economic data in the United States and uncertainty about the fiscal impact of the local reforms promoted by the Government in Congress. The MSCI COLCAP stock index closed up 0.57% at 1,226.34 points.
Dollar: how much it closed in Mexico
The Mexican peso was trading near the close at 18.4997 units, with an advance of 0.4% against Wednesday’s Reuters benchmark price after recovering from an initial decline. “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, also managed to overcome early losses and traded with an increase of 1.13%, to 54,031.21 units.
Dollar: how much it closed in Brazil
The Brazilian real depreciated 0.07%, to 5.2229 units per dollar, while the Bovespa index of the B3 stock exchange of Sao Paulo gained 0.4%, to 110,067.11 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 Argentina closed
In Argentina, the official wholesale peso fell 0.23% to $192.83 per dollar in depreciation regulated by the Central Bank, while the S&P Merval stock index gained 0.9%, to 257,247.15 units.
Dollar: how much it closed in Chile
The Chilean peso reversed losses and closed the session with an advance of 0.09% at 793.50/793.80 per dollar. Meanwhile, the leading index of the Santiago Stock Exchange, the IPSA, rose 0.86%, to 5,451.45 units. “Markets are moving in line with the changing US rate landscape, leading to high volatility and constantly changing moods in investor sentiment”said an agent.
Dollar: how much it closed in Peru
The Peruvian currency, the sol, gained 0.1% to 3,832/3,867 units per dollar. Meanwhile, the benchmark of the Lima Stock Exchange gained 0.30% to 574.37 points.
Source: Ambito
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