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The US currency is trading at $ 776.45, which means an advance of $ 2.68, compared to this Monday’s session
The dollar closed the day on Tuesday with a rise against the Chilean peso, amid a fall in the price of copper, the country’s main export product.
The above occurs in a context in which Investors face uncertainty due to containment measures being carried out by some European countries, like Spain, United Kingdom and France, with the aim of containing a second wave of infections.
Yesterday, the world’s stock markets felt the blow of the new restrictions carried out by the central governments of those nations.
Still, the dollar took a turn during the day. During the morning the North American currency began with a low, since the red metal noted a rise, but the panorama changed as the hours passed.
That is how The US currency closed at $ 776.45, which meant an advance of $ 2.68, compared to the session this Monday, according to Bloomberg figures.
It is the fourth consecutive rise for the exchange rate.
For his part, Cochilco reported that copper fell 0.39% on the London Metal Exchange to US $ 3.089 a pound.
XTB Latam’s market strategist, Sebastián Espinoza, points out that this occurs “after the advance of the coronavirus in Europe and also in the United States, which today has reached 200,000 deaths from the virus. Additionally, Boris Johnson’s statements of that the protection measures that they are re-applying will probably be maintained for 6 months if progress is not seen, they have also brought uncertainty to the market “.
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