The dollar opened at an average of $3,787.60, which represents an increase of $31.5 compared to the Representative Market Rate (TRM), was $3,756.03 for today’s session.
The opening price recorded by the Set-FX platform was $3,795, the highest was $3,797.95 and the lowest was $3,780. During the day, US$12 million was negotiated in 44 transactions.
On Friday morning, WTI fell back from the $100 line, even reaching a three-week low of $98; Brent also fell almost 2% to $103.
With the move, Bloomberg reported, oil is headed for its biggest weekly loss in nearly two years as Biden’s order is the unprecedented release of US strategic reserves.
Stocks and futures slid gains as US payrolls fell short of expectations and investors weighed the economic outlook amid tighter monetary policy and Russia’s war in Ukraine.
US benchmark index contracts rose and Europe’s Stoxx 600 index rose after its worst quarter since the pandemic bear market. U.S.-listed Chinese stocks rose in premarket trading as officials in Beijing prepared to give U.S. regulators full access to the audit reports of more than 200 companies traded in New York.
Treasury yields rose and the dollar was flat as mixed US jobs numbers could weigh on if the Federal Reserve used aggressive rate hikes. Unemployment rate decreased to 3.6% in March.
Russian stocks rose for a third day, recording the longest streak since trading resumed on March 24. Talks between Ukraine and Russia resumed on Friday via video link, after meetings in Turkey earlier in the week. Russian Foreign Minister Sergey Lavrov said Moscow is preparing a response to Ukraine’s proposals to end hostilities.
In Colombia, this Thursday, the Banco de la República Board announced its decision to increase the response rate by 100 basis points. Thus, the policy rate reached 5%. The issuer is measuring this level for the second time, which it increased to 4% in January for the first time.
Thus, the repo rate has doubled since October, rising from 2.5% in that period to 5% in five months. It’s up 200 points so far this year. The bank expects less money circulation by increasing its cost in the economy in terms of demand and reducing inflation.
Source: Lare Publica
