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Price of the dollar today, August 10: Exchange rate in Honduras, Mexico, Guatemala, Nicaragua…

The U.S. dollar dawns down for the third consecutive day.

american currency started the day with losses following the disclosure of inflation data in USA, Although they were lower than expected, everything seems to indicate that the panorama is not yet clear, since more data is required in this regard, especially of the country’s Federal Reserve (Fed) and its monetary policy.

According to published data, the American Union has an interannual inflation of 8.5 percent, with respect to last July. The numbers were positioned below expectations as the same data in relation to June was 9.1 percent.

“The truth is that it is still difficult to conclude that prices, in annual terms, have begun to consolidate a downward trend. Additional data is required to make a better assessment in this regard. On future Fed moves, these bets will follow upcoming economic data, especially August inflation data. So the current perception regarding the size of the rate hike may be adjusted in the coming weeks.” said Jorge Gordillo, director of Economic and Financial Analysis of CiBancoaccording to information collected by Investing.com.

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