Monday’s Global Reset Sends Colombian Peso Surging as Risk Assets Recalibrate

2026-02-03 - 09:55

Key Points USD/COP plunged to 3,611, down sharply from Friday’s close near 3,675 as the dollar index touched 4-year lows. COLCAP dropped 2.11% to 2,422.51, with Mineros leading losses at -9.53% amid a global precious metals rout. Gold crashed 9%+ on Friday, its worst single-day drop since 1983, triggered by Trump’s nomination of Kevin Warsh