He Colombian peso records losses on Tuesday after two consecutive profit days. The currency reaches its lowest level since last March 11.
He USD/COP The operation of the day has begun, testing a daily minimum at 4,072.25 but subsequently has risen to Maximum one week at 4,142.31.
In the early hours of the American session, the USD/COP is quoted over 4,106.65, winning 0.84% ​​in what we have been in time.
Colombia lives a day of mobilizations to claim labor rights
- Unions and organizations are mobilized on Tuesday in Colombia to protest the non -approval of labor reform in Congress. Today, the Gustavo Petro’s government has summoned a popular consultation to vote in favor of labor reform and health reform.
- The dollar bounces up on Tuesday by the risk of risk that dominates the markets in an environment marked by the rupture of the truce between Israel and Hamas after the Israeli army murdered more than 400 people in the Gaza region in the last hours. On the other hand, the markets are pending the call that Donald Trump and Vladimir Putin will have on Tuesday to try to reach a pact that ends the conflict between Russia and Ukraine.
- The US industrial production grew in February 0.7% monthlyabove 0.3% of January and 0.2% expected.
- While, Concerns for the commercial war persist Started by US President Donald Trumpk, who yesterday confirmed the application of reciprocal tariffs as of April 2.
US dollar FAQS
The US dollar (USD) is the official currency of the United States of America, and the “de facto” currency of a significant number of other countries where it is in circulation along with local tickets. According to data from 2022, it is the most negotiated currency in the world, with more than 88% of all global currency change operations, which is equivalent to an average of 6.6 billion dollars in daily transactions. After World War II, the USD took over the pound sterling as a world reserve currency.
The most important individual factor that influences the value of the US dollar is monetary policy, which is determined by the Federal Reserve (FED). The Fed has two mandates: to achieve price stability (control inflation) and promote full employment. Its main tool to achieve these two objectives is to adjust interest rates. When prices rise too quickly and inflation exceeds the 2% objective set by the Fed, it rises the types, which favors the price of the dollar. When inflation falls below 2% or the unemployment rate is too high, the Fed can lower interest rates, which weighs on the dollar.
In extreme situations, the Federal Reserve can also print more dollars and promulgate quantitative flexibility (QE). The QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system. It is an unconventional policy measure that is used when the credit has been exhausted because banks do not lend each other (for fear of the default of the counterparts). It is the last resort when it is unlikely that a simple decrease in interest rates will achieve the necessary result. It was the weapon chosen by the Fed to combat the contraction of the credit that occurred during the great financial crisis of 2008. It is that the Fed prints more dollars and uses them to buy bonds of the US government, mainly of financial institutions. Which usually leads to a weakening of the US dollar.
The quantitative hardening (QT) is the reverse process for which the Federal Reserve stops buying bonds from financial institutions and does not reinvote the capital of the wallet values ​​that overcome in new purchases. It is usually positive for the US dollar.
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.
