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Argentina Sells Local Bonds, USDCLP Higher On Open

LATAM

Argentina will sell discount Treasury notes, floating rate Treasury notes, and Boncer bonds in an auction from 10am until 3pm Local time.


USDCLP opening 0.6% higher and looking to test noted resistance at 739.64, Jan 18 high. A break would open 751.20, the Jan 13 high. Firm support is seen at 720.88, Jan 22 low.

  • BCCh at 2100GMT/1600 ET, preview to follow this summary.

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