Dollar operates high, with an eye on US inflation data and preview from Brazil
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On the eve, the US currency fell by 0.67%, quoted at R$ 5.1350. Dollar Pixabay The dollar operates on a high this Friday (24th), with market agents keeping an eye on US consumer inflation data and previous inflation in Brazil. At 9 am, the US currency rose 0.37%, quoted at R$ 5.1538. See more quotes. The day before, the dollar fell by 0.67%, quoted at R$5.1350. With the result, the currency started to accumulate a high of 1.22% in the month. In the year, however, there is still a drop of 2.71%. 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? Abroad, attention is on the release of the Price Index for Personal Consumption Expenditures (PCE) in the United States. These are important numbers for decisions taken by the Federal Reserve (Fed, the US central bank) on the level of interest rates in the country. Higher interest rates in the United States increase the yield on the country’s government bonds, which are considered the safest in the world. This favors the dollar against other currencies and mainly impacts emerging countries, such as Brazil. In Brazil, the release of the Extended National Consumer Price Index 15 (IPCA-15), known as the inflation preview, should be highlighted. The indicator was 0.76% in February, according to the Brazilian Institute of Geography and Statistics (IBGE). Initial plugin text
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