Dollar Rises This Monday and Strengthens Above $3,700 Amid Military Escalation in Iran
Portafolio Journalist 03/02/2026 11:14 Updated: 03/02/2026 11:14
TL;DR
- The dollar price in Colombia rose to an average of $3,776 on Monday.
- Analysts believe the dollar is structurally weaker due to ongoing quantitative easing and increased global liquidity.
- Geopolitical tensions, such as the military escalation in Iran, can cause temporary corrective movements and profit-taking.
- Key US economic indicators to be released this week include manufacturing and services PMIs, ISM, ADP employment change, jobless claims, Non-Farm Payrolls, unemployment rate, and average hourly earnings.
- Colombia's relevant data releases include monthly and annual CPI, and export figures.