Friday, October 16, 2026

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USD/CLP pares loses as commodities remain weak

USD/CLP rising as oil moves down 3.7%, copper gains ebb 639.55 upper 21-d Bolli, 640.52 '15 high, 649 Jan '09 high caps gains Talk of impending Chinese stimulus had lifted the CLP & Copper earlier US rates moving lower o…

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

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  • USD/CLP rising as oil moves down 3.7%, copper gains ebb

  • 639.55 upper 21-d Bolli, 640.52 '15 high, 649 Jan '09 high caps gains

  • Talk of impending Chinese stimulus had lifted the CLP & Copper earlier

  • US rates moving lower on weak NY Fed, IP/MP data & NAHB

  • Support at 50-HMA at 636.78, lower 21-h Bolli at 634.87,

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By FxWirePro Team