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USD/CLP off early session highs, eyes 2015 low by 606

Source: Thomson Reuters USD/CLP off early session highs, eyes 2015 low by 606, as 10-DMA weighs USD broadly weak, copper firms (+1.5%), Chilean trade data positive, Fed's Kocherlakota dovish USD/CLP support 611.20 today'…

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USD/CLP off early session highs, eyes 2015 low by 606
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Source: Thomson Reuters


  • USD/CLP off early session highs, eyes 2015 low by 606, as 10-DMA weighs

  • USD broadly weak, copper firms (+1.5%), Chilean trade data positive, Fed's Kocherlakota dovish

  • USD/CLP support 611.20 today's low, 604.20 Dec 30 low, 10-DMA weighs

  • BCCh to remain on hold with inflation above upper band, easing cycle likely over

  • Chilean economy likely to be lifted on further Chinese accommodation 

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