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Chilean Peso Buoyed By BCCh Minutes, Edges Away From 795.73 Resistance

CHILE
  • The Chilean Peso was buoyed by the confirmation of 50-75bps upcoming hikes. The pair edged further away from 796 resistance, retreating around 0.65%.
    • Trend conditions remain bullish with key support remaining at 762.13.
  • In local news, Albemarle said it reached a three-year wage agreement with striking lithium workers in Chile, the world's biggest producer of the battery metal.
    • Operations at the Planta Salar processing plant returned to normal Wedneday following the end of the stoppage. (BBG)

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