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Colombia's national unemployment rate fell to 8% in May from 8.8% in the prior reading. Analysts read the drop as a sign of a firmer labour market and expect the central bank to face pressure to tighten policy against inflation at 3.4%.
Expectations of higher Colombian rates and a stronger labour market tend to support the peso, which would push USD/COP lower. Traders are positioning for a move toward 3,850.
vtmarkets.comJun 30, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
