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USD/CLP hovers near 631, steady after BCCh holds rate

  • USD/CLP hovers near 631, unchanged on NY open, BCCh held rate at 3% overnight

  • Resistance at daily pivot at 631.28,634.90 post-RS flash high Jun 11

  • Recent RM bond sales unwind, RM offers USD/CLP, support 10-DMA 628.44

  • Copper up tiny, talk of further Chinese accommodation keeps CLP bid 

  • Rates dominate, BCCh poll- first hike in 11-mos, diverges with US liftoff

  • Market Data
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