He dollar price It closed this Tuesday at S/3,451 in the Peruvian interbank market, above the S/3,443 of the previous day, with an advance of 0.23%. The US currency gained ground against the sun in a session marked by its strengthening internationally and the caution of investors regarding the interest rate decision of the Federal Reserve (Fed), scheduled for this Wednesday, October 28.
“The US Dollar Index (DXY) advanced 0.29%, to 102,326 points, while the yields on the 10-year and 30-year US Treasury bonds stood at 4.991% and 5.304%, respectively. The market expects the Fed to keep rates unchanged, although attention will be on its messages about the economic outlook and the path of interest rates”explained Jorge Luis Huayta, FX trader at Kambista.
According to Kambista analysis, in international markets WTI oil fell 1.68%, to US$100.05 per barrel, amid new diplomatic efforts to reduce tensions in the Middle East. In contrast, copper advanced 1.69%, gold rose 1.01% and silver gained 0.54%. For its part, the euro lost 0.35%, the pound sterling fell 0.21% and the yen weakened 0.30% against the dollar.
In the Peruvian market, the exchange rate It fluctuated between S/3,438 and S/3,453, with a negotiated volume of US$457.6 million. According to Kambista, the greater demand for dollars during the day accompanied the strengthening of the US currency globally, while the decline in oil and the advance in metals showed a mixed behavior of raw materials.
Regarding the next sessions, Huayta pointed out that the behavior of the exchange rate will be conditioned by the evolution of the international dollar, the yields of US bonds and oil prices. At the local level, climate risks and the financing of the fiscal package announced by the Government will also be factors of attention, while markets await signals from the Fed on inflation and its monetary policy.
