Colombia’s Peso Rises as Oil Revenue Boosts Dollar Inflow

Archyde The Colombian peso experienced an unexpected surge in value against the U.S. Dollar last week, closing near COP 3,700, a divergence from the strengthening dollar observed in other emerging economies. The peso’s performance represents a 2.12% decline for the dollar, falling from COP 3,761 at the start of the week to COP 3,681 at … Read more

Asian & European Markets Rally on Hopes of Middle East Conflict Resolution

Archyde Global oil prices plummeted and stock markets rebounded Tuesday following an unexpected suggestion from U.S. President Donald Trump that the conflict in the Middle East could soon be resolved. The… You can read the full story here: Asian & European Markets Rally on Hopes of Middle East Conflict Resolution. Source link

Iran Conflict & Oil Shock: Brent Surges, Markets React, Peru Peso at Risk

Archyde Iran announced attacks on oil facilities in Bahrain and Saudi Arabia following Israeli strikes on Iranian oil storage sites, escalating a conflict that is already disrupting global oil supplies and… You can read the full story here: Iran Conflict & Oil Shock: Brent Surges, Markets React, Peru Peso at Risk. Source link