
The dollar closed at 3.411 soles in Peru’s interbank market, down 0.41% from the previous session. The sol strengthened as the US dollar weakened globally, metals prices recovered and US stocks advanced; WTI crude also fell during the session.
A weaker dollar and stronger metals supported the sol, while the reported WTI decline points to lower energy costs. The currency move may affect the local cost of imported feed and other inputs.
Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
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.