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The US currency is located at $ 771.47 in the local market, which means a fall of $ 5.66 compared to Friday’s session.
The dollar’s operations closed this Monday with a fall against the Chilean peso, on a day marked by better economic news in the country, by the previous US elections and by a rise in the price of copper, the country’s main export product .
At the local level, this morning the Monthly Index of Economic Activity (Imacec) for September was published, which showed a fall of 5.3%, falling once again to one digit. It is the least pronounced decline since the pandemic hit the national economy.
Meanwhile, international markets are rising strongly at this time, on the eve of the US presidential elections, which pits the current president, Donald Trump, against the Democratic candidate, Joe Biden.
Biden outstrips President Donald Trump by 10 points in the polls, while Trump has warned he will declare his victory Tuesday night, if he sees him leading in key states. Meanwhile, Biden assured that “Trump will not steal the election.”
That is how the dollar stood at $ 768.38 in the local market, which meant a fall of $ 5.66 compared to the session on Friday, according to figures from Bloomberg.
While, copper reached US $ 3,045 the pound on the London Metal Exchange after rising 0.27%.
The XTB Latam Market analyst, Sebastián Espinoza, points out that “we continue to stay under the ceiling of $ 775 and $ 780, now finding a floor at $ 760. Tomorrow will be a key day for the price of the dollar, since it will be the last day of negotiation prior to the elections in the US, which are currently unknown, despite the fact that the polls give Democratic candidate Joe Biden the winner. ”
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