• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Dollar opens higher above 990 pesos as copper falls amid renewed fears over AI spending

FinanceInternationalDiario Financiero30 s readAI summary
Image: Diario Financiero

The dollar opened higher on Thursday, rising 4 pesos to 993, in a session shaped by Federal Reserve signals and a more pessimistic outlook for artificial intelligence. Copper in London fell 0.8% to US$6.51 per pound, in line with losses in Nasdaq 100 futures after Alphabet's disappointing free cash flow report. The Fed held rates steady and futures price an 85% probability of a hike in December.

In 30 seconds

  • The dollar rose 4 pesos at the open, to 993.
  • Copper fell 0.8% to US$6.51 per pound in London.
  • Nasdaq 100 futures declined after Alphabet's reported free cash flow.
Read the full story at Diario Financiero

IASummary generated by artificial intelligence from a story by Diario Financiero. It may contain errors: the original source prevails.

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