#Latest news with #leftistleaderBloomberg5 days agoBusinessBloombergJuicy Carry Is Fueling a ‘Pain Trade' for Colombia Peso BearsSlumping oil prices, a widening budget deficit and a leftist leader pushing for lower interest rates: At first glance, it's the perfect setup for currency traders to bet against Colombia. Yet the Colombian peso has risen nearly 3% against the dollar this month, leading the pack among Latin American currencies and extending its year-to-date advance.
Bloomberg5 days agoBusinessBloombergJuicy Carry Is Fueling a ‘Pain Trade' for Colombia Peso BearsSlumping oil prices, a widening budget deficit and a leftist leader pushing for lower interest rates: At first glance, it's the perfect setup for currency traders to bet against Colombia. Yet the Colombian peso has risen nearly 3% against the dollar this month, leading the pack among Latin American currencies and extending its year-to-date advance.
5 days ago
