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USD/CLP falls below 630, tracks long UST yields lower

USD/CLP edges below below 630 after NY open, follows long UST yields lower Support 627.95 minor Fib, 21-DMA by 626, 620 21-WMA, resistance at 633.03 today's high, 638.90 Jun 17 high Copper up 0.1% despite falling steel d…

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  • USD/CLP edges below below 630 after NY open, follows long UST yields lower
  • Support 627.95 minor Fib, 21-DMA by 626, 620 21-WMA, resistance at 633.03 today's high, 638.90 Jun 17 high

  • Copper up 0.1% despite falling steel demand (China)
  • RM had been sellers of CLP last week, seen buying PEN and BRL

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