Dollar in Colombia closed the trading day this Friday, April 17, lower
This Friday, April 17, the dollar closed lower, at around $3,500, levels not seen since June 2021, while the ceasefire between Israel and Lebanon and the prospects of new talks between the United States and Iran led investors to liquidate their positions in safe-haven assets. A 10-day ceasefire between Lebanon and Israel came into effect on Thursday, and President Donald Trump said the next meeting between the US and Iran could be held over the weekend.
TL;DR
- The dollar closed Friday at around $3,500, its lowest level since June 2021.
- A ceasefire between Israel and Lebanon and potential US-Iran talks led investors to sell safe-haven assets.
- The dollar fell $21.35 against the Representative Market Rate (TRM) of $3,615.10.
- US and Iranian negotiators are aiming for a temporary memorandum rather than a comprehensive peace deal.
- Markets are in a consolidation phase, with no clear directional movement for the dollar without new catalysts.
- Latin American currencies have appreciated due to regional dynamics and a global increase in risk appetite.