Sunday arrived and although financial markets do not operate on weekends, it is worth knowing the latest fluctuations around our national currency, the US dollar.
american currency closed the week of January 27 in a mixed wayresult of publication of the Personal Consumption Expenditure Price Index (PCE) for the month of December. According to the US Department of Commerce, andThe PCE had an increase of five percent year-on-year in December and 0.1 percent in November.
The revealed data shows a slow pace of price increases in December, which suggests that the aggressive stance of the Federal Reserve of USA (Fed) on monetary policy issues has paid off. Taking these figures into account, The markets are waiting for the next rise in interest rates, which will be announced on February 1when it is carried out the monetary policy meeting of the Federal Open Market Committee (FOMC). The Fed is expected to slow the increase to 25 basis points.
As for the dollar index (DXY)which measures the currency’s strength once morest a basket of the six most important currencies globally, This is at 101,735 units, according to official figures from Investing.com, recognized website with high impact globally.
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Price of the dollar today, January 29: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
Then, How much is the US dollar in Mexico and part of Central America today, Sunday January 29according to the latest update of Investing.com.