Colombia’s Peso Firms As Stocks Press Higher, With Oil Slump Acting As A Brake

Colombia’s peso hovered near 3,922 per dollar on Wednesday morning, modestly stronger as a softer U.S. dollar rippled across emerging markets. The dollar index sat just under 99 after investors bet the Federal Reserve is edging toward rate cuts and a wind-down of quantitative tightening. That global breeze helped the peso even as cheaper oil—normally […]