Chile’s Peso Extends Its Run As A Softer Dollar Lifts Santiago Shares
Key Points
- USD/CLP traded near 874 this morning after Wednesday’s decisive drop.
- Across 4-hour, daily, and weekly charts, momentum looks stretched and oversold.
- The IPSA stayed near record highs, led by real estate and telecom strength.
The Chilean peso kept pressing its advantage on Thursday morning, with USD/CLP around 874.14 on the TradingView feed you shared.
Local market screens showed the dollar near 873, and the interbank reference was 873.30. The official “dólar observado” reference for January 22 was set at 878.21, down from 889.54 the day before.
The external tone remained dollar-negative. The dollar index was still soft near the 98.6 area after renewed trade and tariff headlines.
In Santiago, traders also pointed to policy signals that markets read as more orthodox and pro-investment. That shift matters in Chile, where credibility can move capital faster than slogans.
The charts show how one-sided the FX move has become. On the daily chart, USD/CLP printed a 872.37 low and sat near 874.14, down about 1.2%. Daily RSI was near 30.86, while the 4-hour RSI was near 27.33 and the weekly RSI near 24.59.
That mix often produces consolidation first, even if the larger trend still points lower. Near-term support clusters around 873–872, with resistance building near 883–886.
Equities told a steadier story. The S&P IPSA closed at 11,254.87, up 0.86%, after trading between 11,159.35 and 11,335.05. A strong Wall Street session and calmer tariff talk helped the regional tone.
Daily RSI was about 74.66, while weekly RSI was near 84.96, signaling an extended market. The 4-hour RSI cooled to the mid-60s, matching a modest intraday pullback.
Activity concentrated in a few names by value, led by LATAM, SQM-B, Falabella, Banco de Chile, and Cencosud.
Top Winners (Stocks)
- Parque Arauco +5.91%
- Entel +4.53%
- ILC +4.30%
- CCU +3.06%
- ABC +3.02%
Top Losers (Stocks)
- Almendral -2.36%
- CAP -2.02%
- Ripley -1.82%
- Colbún -1.33%
- Falabella -1.22%
This is part of The Rio Times’ daily coverage of Chilean markets and Latin American financial news.
For context on regional markets, see Brazil’s Ibovespa for the same session.
Live Market IntelligenceChile — Live Market Board
Rio Times · Live Market Intelligence
Chile — Live Market Board
-0.71%
175,707.73
-0.53%
66,529.27
+0.85%
10,945.86
-0.71%
3,251,266
+0.68%
2,294.60
-0.18%
57,174.37
—
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IPSA | 10,945.86 | -0.71% | — | 11,024.10 | 11,039 | 10,940 | 465,644,876 |
| USD/CLP | 923.04 | -0.38% | -4.64% | 926.57 | 926.43 | 921.52 | — |
| COPPER | 6.36 | +0.47% | +14.68% | 6.33 | 6.42 | 6.33 | 25,824 |
| SQM-B | 65,700 | -3.24% | +86.20% | 67,900 | 67,890 | 65,200 | 262,567 |
| COPEC | 6,207 | -0.06% | +0.51% | 6,210 | 6,260 | 6,105 | 246,692 |
| BSANTANDER | 77.13 | -1.92% | +34.84% | 78.64 | 78.99 | 77.01 | 16,673,012 |
| FALABELLA | 5,903 | +0.48% | +21.97% | 5,875 | 5,906 | 5,835 | 471,506 |
| ENELAM | 85.05 | -0.82% | -6.91% | 85.75 | 85.75 | 84.51 | 38,087,728 |
| CENCOSUD | 2,020 | -0.98% | -34.59% | 2,040 | 2,057 | 2,016 | 495,796 |
| CMPC | 1,088 | -1.37% | -18.81% | 1,103 | 1,110 | 1,082 | 450,765 |
| BANCO CHILE | 187.10 | -1.27% | +37.27% | 189.50 | 191.21 | 186.16 | 20,916,462 |
| LATAM AIR | 25.18 | +1.12% | +25.09% | 24.90 | 25.34 | 24.80 | 318,292,514 |
| SOUTHERN COPPER | 179.22 | -1.73% | +91.21% | 182.38 | 184.75 | 176.75 | 459,172 |
Also tracking regional peers: Colombia’s COLCAP closed the same session.
Related coverage: Brazil’s Morning Call | U.S. Courts Argentina’s Copper And Lithium As Critical Miner
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