Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
CHILE
- USDCLP briefly tested above yesterday's highs and is eyeing a test of Tuesday's pre-hike close at 774.15.
- A potential breach of this level could spark some further momentum to the topside.
- The ongoing political uncertainty and added risks associated with the potential fourth pension withdrawal may weigh on the Peso. Additionally, left-wing lower house deputy and former student protest leader Gabriel Boric leads Chile's presidential race with 25% of voter intentions, according to a Criteria poll.
- A close back above 768.32 may also negate a technically bearish development for the pair, bolstering the case for a move back toward key resistance at 787.50, Aug 27 high.
MNI/Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok