The price of the dollar in Colombia continues on the bearish terrain, By expanding their losses on Tuesday that keep it below $ 4,100.
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According to the stock exchange, The US currency closed at an average price of $ 4,017, that is, it lost 28 pesos compared to the TRM of the day that was $ 4,045.
The market reacts to the most recent inflation and consumption data that showed that the annual CPI remained at 2.7%. However, the underlying inflation did increase in July, as the effect of the tariff policy of the Donald Trump government.
For Rodrigo Lama, Chief Business Officer of the Global Latin American Fintech66, it is projected that for this week, The American currency moves in a range between $ 4,000 and $ 4.090.
According to the analyst, While the dollar has shown outbreaks of strength in recent weeks, leaving the bearish price channel that had been formed during the year, it maintains a tendency of weakness in the medium term, with the DXY index consolidating below the technical resistance zone of the 98.5 points.
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This week’s address will be marked by inflation data in the United States, which, to show figures smaller than expected or even stabilization signs, could lead the dollar to resume its trend fall and boost a rally in the variable rent.
Portfolioo
