Thursday, October 15, 2026

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USD/CLP eyes daily pivot resistance by 628.50

Steady rate outlook favors more USD strength USD/CLP higher USD/CLP daily pivot resistance by 628.50, 631.33 76.4% Fib of 643.33-592.50 Chilean CB cuts 2015 growth forecast from 2.5-3.5% to 2.25-3.25% CB worried expectat…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Steady rate outlook favors more USD strength

  • USD/CLP higher USD/CLP daily pivot resistance by 628.50, 631.33 76.4% Fib of 643.33-592.50

  • Chilean CB cuts 2015 growth forecast from 2.5-3.5% to 2.25-3.25%

  • CB worried expectations still pessimistic, may limit 2nd half recovery

  • May delay BCCh rate hikes, which were expected by YE '15 with US

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By FxWirePro Team