The more countries that want to overthrow US monetary dictates soon threaten to overthrow the dominance of the dollar, the less likely they are to ever succeed. When the issue of throwing off the dollar yoke is discussed at the next meeting of the BRICS group of countries, it certainly cannot be ignored. The fifteenth […]
Tag: dollars
The dollar is trading below $4,050 this Friday
“He Federal Market Committee Open (F.O.M.Cin English) aims to achieve a monetary policy restrictive enough to reduce inflation to 2% over time, and we are not confident that we have achieved that position,” Powell said at a roundtable on the fiscal policy, organized by the International Monetary Fund (IMF). So if it is appropriate to […]
The dollar started Thursday below $4,100
The opening value of the us currency It was $4,050. In turn, the minimum price is $4,039, while the maximum price is $4,067.78. This behavior occurs after the president of the Federal Reserve by United States (Fed), Jerome Powellwill confirm this Wednesday that interest rates will remain high for as long as necessary, until the […]
The dollar opens higher ahead of the Fed’s interest rate decision
It is less clear for the meeting of December. The tool assigns a probability of just over 70% for the Fed governors to keep them at their current range, while the probability of raising them by a quarter point is 24%. For the time being, however, the downward trend (in inflation) is intact and this […]
The dollar is approaching the $4,000 mark after the regional elections
In turn, the minimum price of the us currency It hits $4,010 while the maximum is $4,060. This downward behavior occurs after the election results are known. The mayors of Bogota, MedellinCali and Barranquilla were left in the hands of opponents or candidates unrelated to the president’s administration Gustavo Petro. For his part, Wall Street […]
The dollar is trading higher, opening at an average price of $4,223
After the stock market closes, the technology companies will announce their results IBM And Goal. About 25% of companies in the S&P500 have posted profits in the third quarter so far. Of those companies, 78% exceeded expectations, according to CNBC. By sector, the biggest gains were for energy and public services, which rose 0.33% and […]
The Colombian peso is the emerging currency that has been devalued the most
And until two weeks ago, the weight comparison was disappointing dollars has been significant, as it rose almost $500 when it was announced that the Representative market interest rate (TRM) for this Friday the 6th October It costs $4,359.40 and has reached a maximum price of over $4,400. two weeks ago the dollars It amounted […]
The dollar starts above $4,100 the first week of October
Last Friday’s data showed that a inflation by USA better than expected, 3.9% annualized, together with the agreement reached in 2011 Senate on Saturday to raise the debt ceiling are currently not having the expected recovery effect, although as the day progresses we will have to wait to see possible trend changes. Wall Street On […]
The dollar is down $46 and is at an average of $4,039
This behavior occurs after you know the economy of USA grew half a point in the second quarter, as confirmed in the third and final calculation of the Bureau of Labor Statistics (BEA)which also leaves the calculation of the annual growth rate of gross domestic product at 2.1%. This data shows a slowdown in the […]
The dollar is strengthening against the Colombian peso
The dollar in Colombia will have a representative market rate this Tuesday (TRM) of 4,052.54 pesos. The price gained a hundred pesos compared to last week’s closing price and, according to analysts, is a symptom of a reaction to the FED’s decision and higher oil export prices. The Brent barrel, a reference for Colombia, rose […]