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USD/CLP remains in recent 630/635 range, support at 629.08 (21-DMA)

USD/CLP remains tethered to 10-DMA (632.34), support 629.08 21-DMA Pair holds near 633, flat Wed close, remains in recent 630/635 range Resistance 636.23 high on Jun 23 then 639.69 upper 21-d Bolli Copper/USTs lower, BCC…

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  • USD/CLP remains tethered to 10-DMA (632.34), support 629.08 21-DMA

  • Pair holds near 633, flat Wed close, remains in recent 630/635 range

  • Resistance 636.23 high on Jun 23 then 639.69 upper 21-d Bolli

  • Copper/USTs lower, BCCh-Fed rate divergence weighs on CLP

  • USD lower despite US PI and consumption beats, STIR sees 1 US hike in '15

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