The Chilean peso suffered with the side effects of positive reports in North America that attracted traders to purchase assets in the U.S., leaving emerging markets in a second plan for traders to invest their money, despite a considerable level of risk appetite in today’s session.
Positive U.S. data in multiple economic sectors as manufacturing and housing combined with a lower deficit in the treasury’s accounts allowed the greenback to gain sharply versus the Chilean peso, as South American assets became less attractive since investors returned to buy
USD/CLP closed today at 529.45 from an opening rate of 525.88.
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