After instability and signal exchange, it was low in the last two hours of business and ended the session on Thursday (17) quoted at R $ 5.5472, falling 0.26%. In the morning, the border even exceeded $ 5.60, following the strengthening of the American currency abroad. Operators claim that there are lack of triggers for more significant exchange rate movements, after the dollar rises from the floor of $ 5.40 earlier this month to the $ 5.55 – high of over 2%. In recent weeks, investors have taken advantage of the increase in commercial tensions with the tariff of profit and partially restore defensive positions.
The minimum of currency throughout the afternoon were attributed to adjustments in reduced liquidity environment. The acceleration of oil gains and the improvement of risk appetite, with maxims of the bags in New York and the turn of Ibovespa to the positive field, may have helped the real. Main reference for business search, the dollar future contract for August has presented weak financial volume, below $ 10 billion.
Yesterday’s decision of the minister’s (STF) night, to restore the government’s decree that raises the (IOF) rates, except for the risk risk, had no relevant impact on business.
Investors also monitored statements by the president throughout the afternoon. In an interview with CNN Internacional, he stated that “at the right time” will give Trump the “right answer”. In an event in Goiânia (GO), the president said the government will charge tax from US digital companies, but did not detail the measure. Lula will make a statement in a national radio and television chain today at 8:30 pm.
Dollar Behavior Thermometer In the face of a basket of six strong currencies, the DXY Index (Dollar Index) operated on the rise throughout the session and, in the late afternoon, advanced about 0.20%, at 98,600 points, after a maximum of 98,950 points. Retail sales in the US rose 0.6% in June before May, above the analysts expectation. Economists considered, however, that the opening of the data suggests loss of breath of consumption.
In the afternoon, the president of the Federal Reserve of San Francisco, Mary Daly, classified the scenario of two interest rates this year as “a reasonable perspective.” Atlanta Fed President Raphael Bostic said that interest cuts could be “difficult in the short term,” due to the uncertainties caused by Trump’s tariffs. CME Group Monitoring Tool shows that the chances of an interest rate cut in September in September follow majority, but retreated from 65% a week ago to just over 52% on Thursday.
*With information from Estadão Content
