July 24, 2025

The dollar-peso parity was at $951 at mid-morning, up $10 from Thursday's close. 💵📊

Our Trading Manager, Gustavo Gallardo, CMTexplained to Diario Financiero that "the peso is catching up with respect to Friday. Now we are in the resistance zone of $950 and $955, whether it breaks it or not will depend on how the risk issue develops in the next few days, and whether the Strait of Hormuz closes or not".

Although in general emerging currencies continue to be on offer, the market is already beginning to show signs of greater easing. "This should not be seen as a declaration of war," Gallardo maintained, adding that the Chilean peso "should join this moderation." 🇨🇱💬