Dollar operates lower on Tuesday

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On the eve, the US currency advanced 1.16%, quoted at R$ 5.2683. Pasja1000/Creative Commons dollar bills The dollar operates in decline this Tuesday (14). At 9 am, the US currency fell 0.60% in the session, quoted at R$ 5.2365. See more quotes. The day before, the dollar closed up 1.16% in the session, quoted at R$5.2683. With the result, the currency accumulates a high of 0.83% in the month, but has fallen by 0.18% 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? The market remains attentive to the interest rate scenario in the United States, as economic data from the country reinforce the perspective that the Fed should continue raising interest rates to try to contain inflation in the world’s largest economy and with the new credit risk in the banking sector in the country. On Friday, US authorities announced the closure of Silicon Valley Bank (SVB), a bank that finances startups. The news of the bankruptcy, the second largest in the US banking sector, caused apprehension among SVB customers who were unable to move the money invested in the bank. The impact of SVB’s demise remains unclear, but US economic experts say they don’t believe the bank’s failure will cause a domino effect similar to the one that led to the 2008 financial crisis. in Hong Kong, on fears of a US banking crisis, despite Washington’s confidence-building measures following the collapse of the SVB. Among the indicators, data for February on consumer inflation in the United States will be released this Tuesday and should adjust market pricing in relation to the Fed’s next monetary policy decision. In January, the full index changed 0.5% at the margin and rose 6.4% on an annual basis; the core index changed 0.4% at the margin and rose 5.6% per year. Estimates for the core are 0.4% (margin) and 5.5% (year) and for the full index, 0.4% (margin) and 6% (year). 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. Initial plugin text

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