US currency closes the week with appreciation of 0.77% compared to the real, but still accumulates a drop of 2.61% in March
After a maximum of R $ 5,7820 late Friday morning (28) the rhythm rhythm throughout the afternoon and ended the session on Friday (28) quoted at R $ 5,7618, an advance of 0.15%. The US currency closes the week with appreciation of 0.77% compared to the real, but still accumulates a drop of 2.61% in March. The day was marked by losses of emerging currency, especially Latin American, with investors choosing to reduce the risk of portfolios on the eve of the president of the president of the president, promised for next Wednesday, April 2. There was also an increase in fears of more acute deceleration of the US activity in the US, after a new round of worsening American consumer feeling and inflationary expectations.
The wave of risk aversion, reflected in the dive of the Treasuries rates, reached the local currency market less strongly. The perspective of continuing the process of monetary tightening and maintaining the high levels at the high level per prolonged period gives some support to the real, making it costly the loading of dollar positions. This picture was, in a way, reinforced by the February Caged figures released at 2:30 pm. There was a generation of 431,995 job openings, above the Broadcast projections ceiling of 330,000 vacancies. The median research was 225 thousand.
Abroad, the DXY – dollar behavior thermometer compared to a basket of six strong currencies – prowled the 104,000 points in the late afternoon, down about 0.30, after minimum at 103,896 points. The 10 -year Treasuries rate fell more than 2%, piercing 4.25% at the minimum of the session. The consumer spending price index (PCE) of February – a measure of inflation preferred by the Federal Reserve – came practically in line with expectations, but the nucleus of the indicator advanced more than expected. Research from the University of Michigan showed rise from 12 -month inflation expectations from 4.3% to 5.0% at the highest level from 2022. The American consumer feeling index fell from 64.7 in February to 57 in March, a drop above expectation (57.9).
*With information from Estadão Content
Posted by Sarah Paula
