Sunday arrived and although the weekends financial markets do not carry out operations, it never hurts to stay on top of the latest movements of our local currency: The US dollar.
The North American currency closed the week of Friday, December 17, with gains once morest the main currencies globally, as well as other emerging Central American currencies; although he saw a slight setback once morest the Mexican peso.
The performance of the dollar is result of the latest inflation data in relation to last January, which are at 6.4 percent; In addition to the most recent unemployment claims figures in the country, which decreased by around 1,000 according to official figures from the Bureau of Labor Statistics.
With the publication of said datathe markets are waiting for the future monetary policy decisions of the Federal Reserve of USA (Fed). Although inflation has been declining, the truth is that the objective of the Central Bank is to reduce the rate to two percent, so it is still far from the goal; which means that there might be more aggressive increases in interest rates. The Fed will announce its next hike at the beginning of March.
As for the dollar index (DXY), which measures the strength of the currency once morest a basket of the six most important currencies globally, This registered a gain of 0.04%, settling at 103,830 units, according to Investing.com, finance website with high global impact.
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Price of the dollar today, February 19: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…
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