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USD/CLP rallies back near 2015 highs

Source: Thomson Reuters USD/CLP rising, rallies back near 2015 highs, as risk exited on US rates, Grexit fears Inflation likely to keep BCCh on hold, CB sees growth in H2 '15 Copper off multi-yr lows, weak with general c…

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USD/CLP rallies back near 2015 highs
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Source: Thomson Reuters 


  • USD/CLP rising, rallies back near 2015 highs, as risk exited on US rates, Grexit fears

  • Inflation likely to keep BCCh on hold, CB sees growth in H2 '15 

  • Copper off multi-yr lows, weak with general commodity space, Chinaeconomy slowing

  • USD/CLP resistance at 638.70 today's high, 639.37 '15 high, Jan 2009 high

  • Support at 635.37 50-HMA, 6330.33 38.2% Fib, 625 daily cloud top area

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