Dollar in sight back off R $ 5.65 with IPCA and expectation of the US and China trade agreement

Dollar in sight back off R $ 5.65 with IPCA and expectation of the US and China trade agreement

The dollar in sight has lost strength before the real with appreciation of commodities, positive reaction to the Copom and the United Reuters (Image: Reuters/Dado Ruvic)

THE dollar He extended his losses at the last session expecting the United States Agreement with China this weekend.

This Friday (9), the dollar in sight (USDBRL) ended the negotiations with R $ 5.6548, with a slight drop of 0.11% compared to the real. In the week, the border was stable.

The movement accompanied the trend seen abroad. Around 17h (Brasília time), the Dxyindicator that compares the dollar to a basket of six global currencies as euro and poundfell 0.27%, at 100,367 points.

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What did you move with the dollar today?

In reaction to the real, the dollar in sight extended the losses of the eve with the support of the commodities. Emerging countries and exporters, such as Brazil, were positively impacted by increasing raw material prices, such as the oil – that advanced almost more than 1% today.

In the domestic scenario, investors reacted to inflation data. The National Consumer Price Index (IPCA) rose 0.43% in April, indicating a deceleration compared to 0.56% rise in March. Now accumulated inflation is 2.48% in the year and 5.53% in 12 months.

The Minister of Finance, Fernando Haddadsaid that the inflation will end 2025 at a level lower than the market, during an event in the B3 This Friday (9). In the last Focus Report, Analysts consulted by the Central Bank estimated the IPCA to 5.53% this year.

Abroad, the expectation of trade agreement between the United States and China has moved the exchange rate. The day before, President Donald Trump announced an agreement with the UK, reducing tariffs on British products to 10%.

This weekend, the US commercial representative (USTRIn the acronym), Jamieson Greer and US Treasury Secretary Scott Bessent gather with an economic representative of China, He Lifeng, Switzerland.

Today (9), Trump said that “a 80% rate on China seems correct,” in a publication on the Truth Social network – before the market -expected negotiations, which raised the degree of uncertainty among financial agents.

Although this represents a relief from the current rate of 145% over China, it is still above market consensus. Previously, the Bloomberg News reported that the import rate would be reduced to less than 60%. For now, there is uncertainty that the rate is refers to a long -term fare or a temporary rate on Chinese products.

Source: Moneytimes

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