Dollar opens higher, with risk of US recession still weighing on markets

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On Thursday, the US currency rose 0.17%, quoted at R$ 5.1702. Dollar Pixabay The dollar opened another day on a high this Friday (20), even with the global market showing greater risk aversion due to the possibilities of a recession in the United States. Domestically, investors are also keeping an eye on the new government’s economic policy signals. At 9:02 am, the US currency rose 0.14%, quoted at R$ 5.1773. See more quotes. The day before, the dollar rose 0.17% and closed the day sold at R$5.1702. With the result, the coin accumulates a high of 1.25% in the week and a fall of 2.04% in the year. READ ALSO: UNDERSTAND: What makes the dollar rise or fall in relation to the real COMMERCIAL X TOURISM: what is the difference between the quotation of foreign currencies and why is tourism more expensive? DOLLAR: When is the best time to buy the currency? MONEY OR CARD? What’s the best way to take dollars on trips? What is messing with the markets? In the internal scenario, on a day with an empty agenda for disclosing economic indicators, the market echoes new signs of economic policy. After President Lula stated in an interview with Globonews, on Wednesday (18), that the independence of the Central Bank of Brazil is “nonsense”, the Minister of Institutional Relations, Alexandre Padilha, stated that there is no pre-disposition on the part of the government to make any changes to the institution. The speech pleased and reassured investors. Abroad, caution remains with the risk of recession in the United States. Today, the market awaits new speeches by Federal Reserve (Fed, the American central bank) leaders, which may indicate the course of interest rates in the country. On the eve, the vice-president of the Fed, Lael Brainard, said that despite the deceleration of American inflation in recent months, interest rates in the country need to remain high to control the rise in prices. Higher interest rates in the United States increase the yield on the country’s government bonds, which are considered the safest in the world. Thus, investors migrate to such investments, to the detriment of risky assets, such as the stock market and currencies of divergent countries – which helps to explain the devaluation of the real against the dollar. With inflationary pressure and higher interest rates, the perception of risk that the United States faces an economic recession also grows. Initial plugin text

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