It is at $4,147 this June 21

The dollar began trading on June 21 at a price of $4,147which meant a drop of $28 compared to the representative market rate defined by the Superfinanciera for today, which is located at $4,175.

Regarding dollar transactions, the volume traded so far stands at 228.32 million, also registering an average volume of 605.64 million.

At a global level, the dollar index, which compares the American currency with a basket of 6 other currencies, today shows a downward trend, registering a variation of 0.26%, reaching 105,510 units.

| Photo: gettyimages

How are the markets moving this June 21?

After opening operations, the star index, the industrial Dow Jones, lost 0.10%, while the technological Nasdaq had a marginal fall of 0.03% and the expanded S&P 500 index – of the 500 main companies – fell 0. 04%.

On Thursday, Wall Street closed the day with mixed results due to profit-taking: the Dow Jones advanced 0.77%, ending at 39,134.76 points; The Nasdaq fell 0.79% to 17,721.59 units and the S&P 500 lost 0.25% to 5,473.17 points.

Sales of existing homes fell again in May in the United States, although less than expected, while prices continued to rise and set a new record, according to figures published on Friday by the National Federation of Realtors (NAR).

In May, 4.11 million houses and apartments changed hands at an annualized rate, that is, a projection of sales throughout the year at this rate. This represents a drop of 0.7% compared to April.

The drop was smaller than expected, as analysts were expecting 4.08 million, according to the MarketWatch consensus.

The average price of homes sold in May reached $419,300, the highest ever recorded, and 5.8% higher than a year ago.

For some analysts, the behavior of the dollar reflects, in part, a positive scenario associated with checks and balances regarding the reforms. | Photo: iStock

“Housing prices are reaching new highs, which is creating a greater gap between those who own property and those who want to be first-time buyers,” said Lawrence Yun, chief economist at NAR.

“The mortgage payment on a conventional home today is more than double that of homes acquired before 2020,” he added.

The interest rate on mortgage loans with a 30-year fixed rate loan – the most popular -, which were above 7% in April and May, fell again since the beginning of June below that mark, and are falling slowly, according to data from the refinancing agency Freddie Mac.

The number of properties for sale on the secondary market was 6.7% higher than in April, and even 18.5% higher than in May 2023, reaching 1.28 million.

“The increase in housing supply is good news for consumers who want to see more properties before making a purchasing decision,” Yun said.

This is how the currency moves in Colombia. It is in bullish territory.
This is how the currency moves in Colombia. It is in bullish territory. | Photo: Getty Images
 
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