The dollar receives 1.32% and ends at $ 5.60, the lowest level from October 2024 | The economy
The dollar dropped more than 1% and threatened to break the R $ 5.60 floor at the end, ending the session from mid -13, October. Today the US currency is recognized by the world wave of the fall, especially compared to the developing currency and object.
The reading of the US consumer inflation in April has strengthened the bet on at least 50 base points cuts this year by the Federal Reserve, as the US economy should slow down in the coming months. On Monday, the temporary trade agreement between China and the US has now reduced the risks of an American depression, inducing to risk hunger.
“The behavior of the exchange market is tied to the American consumer today. This year the Federal Reserve believes that this year will be a place to reduce interest this year, which has weakened the dollar,” said Mabank chief Economist Christian.
As the external weather is more likely to be in danger, the operators said that the local bag had a flow, more than 2% of the oil, and even the flow of fixed income. The minutes of the Copom meeting last week have strengthened the reading, which has already shut down the discharge cycle of Celic, and the committee intends to continue a long period of contraction monetary policy, which promotes to carry trade.
In the early morning, a company recorded at a lower afternoon speed, according to abroad, and at a minimum 59 59.5958. The American currency fell by 1.32%at R $ 5,6087 – the day after Trump’s tariff, and the lowest end level from October 14 (R $ 5,5827) R $ 5,6281 – less than R $ 5,6281.
The Director of Economic Research, Bonco Pine, Christiano Olivera, has been congratulating themselves from now on, and this year the dollar is expected to decrease to 5.40 this year. Olivera believes that Brazil is one of the beneficiaries of the external environment produced by the Trump administration because it is the main exporter of agricultural goods, especially to China, as he is the “winner” of the US.
“In this atmosphere of the global dollar fall, some developing, such as Brazil, will benefit. In the interior, the inside of today’s copom is reinforced by minutes, the monetary squeez is finally close to the praise of the goods and the possibility of the B3 with the possibility of the B3, which is a real olivira.
Data from B3 released today, up to 9, shows that the R $ 6.042 billion net entry on the domestic stock exchange of foreign investors. When the accumulation of this year, the balance of foreign capital in B3 is positive at $ 16.55 billion.
See more
Abroad, the DXY index – it measures the behavior of the dollar compared to the basket of six strong currencies, especially the Euro and IEN – 0.80%, 100.965 points, at 100.939 points, at 100.939 points.
And between countries that export goods, the biggest gains Australian dollar and New Zealand, followed by a real and Mexican weighing. Oil prices have risen more than 2%, still reflecting the trade negotiations, but also with US $ 600 billion investment agreement from Saudi Arabia in the US.
The Consumer Price Index (CPI) and its core rose 0.2% in April, both of which are media estimates (0.3%). In the annual comparison, the full index advance is 2.3%, which is less than expectations (2.4%).
The effects of Trump’s tariff policy are expected to translate to high inflation in the coming months. At the moment, the reading is that the Fed continues to postpone the posture, but there may be a space for interest reduction from the second half. The CME Group Monitoring shows that the main bet of investors is about 50 points in the American basic rate, which will start in September.
“This year’s 100 -point cut for the Fed is that the market is exaggerated beforehand. There may be two waterfalls, 50 points or cuts. Trump has hired more inflation with the liberation of Trump,” said Pine’s Olivira, recalling the negotiations of this -decostocal violation.
