claudiowall
Long

USDCLP correlation between parity and price of Copper

FX_IDC:USDCLP   U.S. DOLLAR / CHILEAN PESO
45 0 0
As the dollar strengthens internationally copper             demand and cost factors boost the price down, Chilean peso continues to depreciate against the dollar. (Ceteris paribus: no surprises regarding movements of the rates by the Central Bank )
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