How much does the change of the dollar cost today August 22?



Demand for the dollar fell as a result of Trump's statements earlier this week against the Fed, which had the wait for the outcome of trade negotiations between the US added. and China.

YOU CAN BE INTERESTED: Jennifer Lopez shows more and Jomari Goyso & # 39; destroys & # 39; (PHOTO)

The Bank of Mexico reported that the interbank dollar closed at 18,865 units on Tuesday. On the day the peso increased 18.90 cents, which is 0.99 percent.

In the bank window the greenback was sold in 19.10 units, a lower figure at 19.30 hours reported on Monday as closing by Citibanamex.

The exchange rate reached a peak of 19,01470 units, while the minimum was reported at 18,859 on the wholesale market.

President Donald Trump went & # 39; in the ring & # 39; to & # 39; save the dollar & # 39; with its statements on Monday against the rising Fed rates, and accused China and European countries of causing the weakness of their currency.

US You can not win a trade war with a strong green account. The reaction of the market was immediate and the index measuring the performance of the dollar fell by 0.56 percent compared to a basket with ten currencies.

However, volatility could still predominate, depending on the outcome of important trade negotiations.

The US president said Monday that he does not expect much progress from trade talks with China, which began in Washington on Tuesday.

The talks are led by US Treasury Under Secretary David Malpass and Chinese Vice Minister of Commerce Wang Shouwen.

YOU CAN BE INTERESTED: ICE reveals who were the culprits of their last massive robbery (VIDEO)

"Most of the agenda, Mexico, the United States has made good progress and we have to return next week," Guajardo told reporters in Washington.

The Mexican currency was also supported by the behavior of some variables in the international context.

The index that measures the performance of the greenback is reduced by 0.43 percent compared to a basket with ten currencies.

The Turkish lira cut a three-day recovery lap and lost 3.49 percent to 6.04 units on Friday.

The bearish tension in the lira recurs after a Turkish court has rejected a call for the release of the American preacher Andrew Brunson, which keeps the expectation of new US sanctions latent.

Some participants place themselves in & # 39; defensive mode & # 39 ;, because in Turkey the markets are closed from 21 to 24 August for the feast of Kurban Bayramí (the feast of the lamb).

In the United States it was announced that the index of consumer confidence in August was 95.3 points. This figure is lower than the expected 98, according to a study conducted by Bloomberg.

On the other hand, positive behavior is registered on the oil market. This situation helps to limit the deterioration of the Mexican peso.

The price of rough Western Texas increases by 0.63 percent to $ 65.87 per barrel. While the Brent interest rate rises by 0.69 to $ 71.92.

Internally it is emphasized that in the auction for the prolongation of the expiry of currency hedges, with a term of 33 days, the demand amounted to 635 million dollars, which was 3.18 times the final 200 million exceeded.

The exchange rate has a resistance of 19.40 units. While the support is 18.40 pesos, on the wholesale market.


Source link

Leave a Reply