Thursday, July 14, 2016

Dollar falls 15 cents; closed at $ 18.65 in banks – Digital Journal Juarez

Mexico City – The exchange rate of the peso against the dollar declined against the advance in oil prices to the expectation that the Bank of England, after Brexit and the Government the Japanese announce new stimulus to their economies.

the dollar received in windows Banamex to 17.90 and was sold at 18.65, 15 cents less than yesterday, levels which resulted in a gain of 0.80 percent weight.

with the increase in the appetite of financial riskier assets, the dollar 18.3015 quoted for sale on the interbank market, down from 16.30 cents the previous session.

as the dollar weakened, oil prices strengthened. Brent North Sea rose 4.19 percent and the West Texas Intermediate US did at 4.56 percent.

Markets are waiting for that next Thursday the Bank of England announced new stimulus measures to cope with the output of the United Kingdom of the European Union.

for now, Mark Carney, Governor of the Bank of England, told legislators that if the prospects have worsened, according to the committee on monetary Policy central bank could always be a monetary response.

for Juan Carlos Alderete, specialist Banorte-IXE, markets were supported by the expectation that some of the major countries and regions of the block developed (UK, Japan and the euro area) will increase the stimuli in an environment of downside risks for growth and inflation, giving boost to risky assets around the world.

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