Mexico City.– The dollar rose this Thursday due to investors’ caution due to an escalation of tensions in the Middle East and after learning of a moderate increase in weekly claims for unemployment benefits in the United States, Reuters reported.
In the Forex market, the exchange rate was quoted at 19.5460 pesos per dollar, with an advance for the American currency of 0.75 percent compared to Wednesday’s reference price.
Initial claims for unemployment benefits in the United States increased by 6,000 last week, to a seasonally adjusted 225,000, the Labor Department reported. Economists surveyed by Reuters had forecast 220,000 applications. For now, the market’s attention was focused on the comments of the president of the Federal Reserve (Fed) of Atlanta, Raphael Bostic, and the president of the Minneapolis Fed, Neel Kashkari, who will participate later in a conference.
In the stock market, the leading S&P/BMV IPC index fell 0.75 percent, to 51,809.87 points, with a cumulative decline of 3.3 percent in the last four sessions.
The shares of Grupo Televisa led the decline of the day, with 2.33 percent less to 10.07 pesos, followed by those of the airport operator GAP, which fell 3.14 percent to 324.41 pesos.
#Dollar #rises #due #escalation #tensions #Middle #East