The dollar opened this Monday at $4,465 and had a fall of $1 once morest the Representative Market Rate (TRM), which for today’s session stands at $4,466.
According to the Set-FX platform, andThe maximum price at the beginning of the session reached levels of $4,469 and a minimum of $4,457. During the day, more than US$19.7 million were negotiated through 52 transactions.
Crude prices rose on Monday, extending gains as investors watched for possible moves by the Organization of the Petroleum Exporting Countries and its allies (Opec+) to cut output and support prices at a meeting later in the day. .
The barrel of Brent oil, a benchmark for Colombia, rose 3.52% to US$96.29; while West Texas Intermediate (WTI) rose 3.21% to US$89.66.
At its meeting on Monday, OPEC+ will likely keep output quotas unchanged for October, six sources in the alliance said. Three of the sources said a small cut of 100,000 barrels a day might also be discussed.
“The group is expected to leave production targets unchanged, but a cut is likely to at least be discussed, which, if carried out, would create more volatility and uncertainty at a time of considerable unrest,” Craig Erlam said. , senior market analyst at Oanda.
Oil prices have fallen in the last three months from multi-year highs hit in March, pressured by concerns that interest rate hikes and Covid-19 restrictions in parts of China might slow global economic growth and dampen oil demand.
On the other hand, talks to revive the 2015 nuclear deal between the West and Iran, which might lead to an increase in supply thanks to the return of Iranian crude to the market, have run into new obstacles.
