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USD/CLP repels near 2015 high at 633.75, weak China PPI data weighs on peso

USD/CLP near 2015 high at 633.75, weak China PPI data weighs on peso/copper Broad EM currency space weak, BCCh poll sees rates steady in 2015, inflation remains above target USD/CLP Resistance at 633.75 today's high, 634…

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

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  • USD/CLP near 2015 high at 633.75, weak China PPI data weighs on peso/copper

  • Broad EM currency space weak, BCCh poll sees rates steady in 2015, inflation remains above target

  • USD/CLP Resistance at 633.75 today's high,  634.65 2015 high (Jan 30)

  • Support lies at 630.83 hourly low, 627.43 hourly pivot, 621 50/21-DMA area

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