The dollar ended the day above $ 865 thanks to an international appreciation of the US banknote, pressure for emerging currencies and a drop in copper futures.
After the respite that the jump from oil gave yesterday to risky assets, the emerging world's largest currencies are again under pressure at this time, including the Chilean peso, while investors continue to look with concern at the economic impact that the Covid-19 corona virus pandemic.
At the end of the day's operations, data from Bloomberg show, the currency crossing was located at $ 865.33, which represents a rise of $ 5.85, resuming the bullish path that the exchange rate cut with yesterday's fall.
With this, the currency crossing accumulated an escalation of almost $ 30 in the week.
This occurs in an unfavorable international environment for the Chilean peso.
In addition to a rise of around 0.5% in global quotation of the US banknote -measured through the Dollar Index, which contrasts it with a basket of currencies-, most of the main currencies of the emerging world are depreciating at the moment .
In the region, the trend is replicated. The main currencies of Latin America are losing ground at the moment, with a single exception of the Colombian peso.
Added to this is a contraction in copper futures, the country's main export. Industrial metal contracts as of May are down more than 1% at the moment. In contrast, the spot price of the metal appreciated 0.87% to US $ 2,2061 per pound.
"Today uncertainty returns considering the impact of the expansion of the corona virus in the world economy, so that emerging currencies are under pressure again, while the dollar is demanded as a safe haven asset," explains the head of Trading Studies at Capitaria , Ricardo Bustamante.
Along these lines, the executive maintains that the employment figures that will be published this morning in the United States could generate a greater rise in the exchange rate.
"A greater impact on the labor market, especially after a record level of unemployment insurance claims was known yesterday, could lead to a further weakening in assets linked to the economic cycle, which could even support a further advance in the currency pair , especially if we see a renewed weakness in copper, "he highlights.