INSUBCONTINENT EXCLUSIVE:
driver.Yesterday, the peso struggled as the US dollar strengthened globally, fueled by rising Treasury yields and expectations of prolonged
escalating trade tensions
Brent crude for May delivery dropped 0.81% to $71.04 per barrel, while WTI crude for April fell 0.16% to $68.26 per barrel.The market saw
intraday volatility, with losses narrowing later in the session
ETF flows further highlighted investor hesitation, with $10 million in outflows from Colombian peso-focused funds
In contrast, there were equivalent inflows into dollar-denominated ETFs.Overnight trading volumes ranged between $150 million and $200
million during Asian and European sessions
today.Colombian Peso Stabilizes at 4,145 Against USD Amid Dollar Strength and Oil Price Decline
(Photo Internet reproduction)Colombian Peso Faces Pressure Amid InflationTechnical analysis indicates limited room for sharp movements
unless major developments occur
Relative Strength Index (RSI) remains neutral at 52, signaling steady momentum without signs of overbought or oversold conditions
5.22%, while the central bank holds interest rates at 9.50%
A stronger-than-expected report could further bolster the dollar, while sustained crude price gains may provide marginal support for the
Traders are watching closely for any surprises that could break the
