..looking at the hourly chart you can see quite well the swing in the Peso against the US$ yesterday. The price even spiked into my trend line but was rejected and closed at 24.02. I'd say the trend is intact however as price continues to make higher highs and higher lows, so the US$ continues to appreciate against the Peso, ie the Peso is continuing to weaken and from a fellow steemer who has contacted me, the situation in Buenos Aires is deteriorating and food pricing is become an issue.
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Yes, I live in BsAs, and food prices have gone nuts. I paid 95 pesos for a small bag of fruits & veg at the verduleria (greengrocers) on Tuesday, and 70 pesos last night for just lettuce, garlic, carrots, and a quarter-kilo of "sopa", (mixed vegetables chopped up for making soup). This is at least a third more, and perhaps half again, compared to what things cost 30 days ago.
It's starting to get scary.
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