The US dollar recovers ground this Thursday against the Colombian peso. He USD/COP It began the day opening at 3,899.00, but after the opening of Wall Street it advanced to two-day highs at 3,933.36.
USD/COP is now trading above 3,928.88, gaining 0.77% on the day.
Dollar Gains Momentum Against Colombian Peso Despite Disappointing US Durable Goods Orders
- Published US durable goods orders showed a 2.6% monthly rise in March, but February's data was revised downward, putting that month's growth at 0.7% compared to the previously published 1.4%. Excluding defense, claims increased 2.3%, exceeding the previous 1.5% but disappointing the 2.5% estimate.
- The two most important data of the week for the United States will be published on Thursday and Friday, the preliminary GDP for the first quarter, which could slow to 2.5% compared to the previous 3.4%, and the core inflation measure of personal consumption expenditure PCE March, which is expected to moderate to 2.6% year-on-year from the previous 2.8%.
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.
