Currencies: DXY up ahead of US jobs report

stocks and shares

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DXY up ahead of US jobs report

  • The DXY remains around 107.65 as markets await the nonfarm payrolls report.

  • EUR / USD remains near 1.0400 as investors await jobs data.

  • GBP / USD remains above 1.2450 after the Bank of England's decision.

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| Hector Wilson Tovar Garcia: Research Manager – wtovar@accivalores.com

| Maria Alejandra Martinez Botero: Research Director – maria.martinez@accivalores.com

Diana Valentina Gonzalez: IE Analyst – diana.gonzales@accivalores.com

Jahnisi Arley Caceres Gomez: IE Analyst – jahnisi.caceres@accivalores.com

| Laura Sophia Fajardo RojasIE Analyst - Laura Fajardo@accivalores.com

| Maria Lorena MorenoIntern – maria.moreno@accivalores.comNatalia Toloza@accivalores.com

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March Inflation Expectations

According to the report presented by the National Administrative Department of Statistics (DANE), the year-on-year variation of the Consumer Price Index (CPI) rose to 5.35% in January, from 5.10% in December. This figure is lower than the market estimate (5.40%) and the estimate by Economic Research of Stocks and Securities (5.45%). The monthly inflation figure was 1.18%. This monthly variation was higher than that of December (0,27%).