Dollar opens with volatility, with US debt ceiling on radar

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Last Friday, the US currency rose 0.56%, quoted at R$ 4.9952. The dollar opened with volatility this Monday (22), with investors still waiting for an agreement with regard to negotiations on raising the ceiling of the public debt in the United States. The market is afraid that the country will default if the leaders do not reach an agreement. At 9:02 am, the US currency rose 0.05%, quoted at R$ 4.9978. See more quotes. Last Friday (19), the dollar was up 0.56%, at R$ 4.9952. With the result, the currency ended the week with a high of 1.46%, in addition to accumulating: High of 0.16% in the month; Drop of 5.36% in the year. ALSO READ: Falling dollar: understand if it’s time to buy the currency and the main perspectives ahead 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 that tourism is more expensive? MONEY OR CARD? What’s the best way to take dollars on trips? DOLLAR: When is the best time to buy the currency? What is messing with the markets? Although this week’s economic agenda includes some important releases, such as the Gross Domestic Product (GDP) in the United States and the Extended Consumer Price Index 15 (IPCA-15) in Brazil, both on Thursday (25), Vitor Miziara, a partner at Perfoma Investimentos, points out that what should drive markets globally is the political agenda. The big highlight is the same as in recent weeks: the renegotiation of the US debt ceiling. This weekend, the Speaker of the United States House. Kevin McCarthy (Republican) said he should meet with President Joe Biden (Democrat) this Monday to try to reach an agreement. The information was confirmed by the White House. Miziara points out that the leaders and the two parties need to reach an agreement this week, since at the beginning of next month some of the American debts begin to mature, which would lead the country to default. In an interview given to NBC this Sunday, Janet Yellen, Secretary of the Treasury of the United States, said that, in her assessment, “the possibility of reaching June 15, being able to pay all our bills, is very low”, if the renegotiation is not closed until June 1st. Initial plugin text

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