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Stability in the dollar, two dollars would fall by external conditions

The international environment and capital entering the stock market will continue to affect the behavior of the dollar.

However, there is no consensus among analysts on the impact that this environment will have on the price of the currency.

The projections are divided: 50 percent more than analysts predicted a drop in the price.
According to their predictions, the Dollar Index REPUBLIC, was established in 1949 pesos, two units below 1951 pesos recorded at Friday’s close.

Among the analysts who believe the dollar will fall, as happened in the end of the week, when it fell 4.8 pesos, is Gustavo Sorzano Helm Bank. “The currency falls because he said this week the Fed meets and is expected to take a positive part of the first-quarter growth in the U.S.. So, as far as growing optimism is reflected in the valuation of currencies emerging. ”

The analyst will bet a dollar to 1943 dollars for the closing of the week, this is 102 pesos below the dollar ideal for businessmen and local investors, which is located at 2045 pesos.

Not only would re-evaluate decisions Greece weight. According to Karen Alfonso refine, what else is causing this trend are the resources that enter the market “given the expectation of selling part of Ecopetrol and other company in the industry.”

There are even experts who say that the dollar may rise to 19 pesos against Friday’s close because they do not see an international outlook as optimistic.

“Continue,” said Julian Cardenas Associate Broker signature-the nervousness on the part of market players, among other things, what happens in Greece. ” In his view, the dollar closed in 1970 pesos. “This is because many investors buy dollars to cover risks, hoping to rise in price and then take profits.”

Oil would rise
Most respondents believe that this week will raise the price of oil as a result of good growth it expected U.S. economy. “When the economy recovers and strengthens the industry increases the demand oil,” said one analyst.

IGBC will fall 10 points
As for the expected performance in the enhancement of the IGBC, analysts were not optimistic. The majority noted that the uncertainty in the global economic situation will not continue to increase this rate. Therefore, the experts predicted the week ending IGBC 12 605 units, 10 points below Friday’s close. “In this market, after a strong rally driven by corporate data will be a slight fall”, said Carlos Torres, an analyst with stock brokerage, Securities Advisors.

Euro rise 14 pesos
For analysts, the European currency will rise in its price down to the 2614.41. According to respondents, the euro recorded since this trend is driven by the possibility that the crisis is over in Greece. Indeed, Prime Minister of Greece, George Papandreou, asked the International Monetary Fund (IMF) and the European Union (EU) activation of the financial rescue plan to help the European country with debt. “It’s a national necessity and imperative that officially ask for assistance to our partners,” he said.

How do you calculate the indicators?
The dollar LA REPUBLICA (DLR) and the indicators that are published at the beginning of the week are composed of several elements: 1. A basket where 16 financial sector firms project the future of the U.S. currency, oil, the euro and the IGBC. 2. A weighting done by the team of journalists from the Financial Section in which the expectation value of several market players. A recent survey by La Republica shows that the dollar would be ideal 2045.83 pesos. Under this indicator is weighted weekly variation of DLR. -

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