He price of the dollar in Colombia It is currently trading around 3,930.75, gaining 0.11% on the day.
USD/COP began trading on Friday, March 1, falling to nine-day lows at 3,918.20, but immediately afterwards rose to a daily high of 3,935.00, although the momentum lacked follow-through.
Dollar expectant before the US ISM manufacturing PMI data.
- Colombia published its unemployment data yesterday, showing that seasonally adjusted unemployment fell to 10.4% in January, four tenths below the 10.8% in December.
- The focus today is on the US ISM Manufacturing PMI data for February, which is expected to improve to 49.5 points from 49.1 in January.
- The United States will also publish today the University of Michigan consumer sentiment index for the month of February.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
