Dollar reverses sign and passes to fall; China and the United States are on the radar

Dollar reverses sign and passes to fall;  China and the United States are on the radar

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On the previous day, the US currency retreated 0.10%, sold at R$ 4.9813. Dollar banknotes John Guccione/Pexels The dollar reversed the sign and started to fall this Friday (18), after touching R$ 5 during the morning. Investors continue to pass on the latest information on the direction of interest rates in the United States and look cautiously at the Chinese economy. At 12:20 pm, the US currency fell 0.46%, quoted at R$ 4.9585. At the maximum of the day, it reached R$ 5.0015. See more quotes. On the previous day, the dollar closed the trading session with a slight drop of 0.10%, sold at R$ 4.9813. As a result, the currency began to accumulate: increases of 1.59% in the week and 5.34% in the month; decrease of 5.62% in the year. COMMERCIAL X TOURISM: what is the difference between the quotation of foreign currencies and why is tourism 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? In Brazil, there are no major highlights on the economic agenda. In the political scenario, the expectation continues for the definition of when the new fiscal framework, which brings rules for government spending, will be voted on in the Chamber of Deputies. Abroad, yields on US government bonds retreat in this trading session, after a day of strong advances the day before, after the Federal Reserve (Fed, the US central bank) said it could continue raising interest rates in the minutes of its last meeting. Cauê Ribeiro Valim, Allocation and Intelligence analyst at Avenue, points out that US Treasury rates maturing in 10 years reached their highest point since October 2022, precisely because the Fed “showed that it remains concerned about inflation”. Investors are also looking forward to the 2023 edition of the Jackson Hole Symposium, which begins next week. This is one of the most important economic events in the world, which takes place every year in the United States and brings together several authorities and important figures to discuss the directions of the largest economy in the world. In addition, what weighs on the markets today is still the concern with China, which has been showing signs of greater weakness in economic activity, with a sequence of indicators lower than expected by specialists. In the midst of this prospect of a slowdown in the second largest economy in the world, several companies have suffered in the country, with emphasis on the real estate sector. Understand what makes the dollar rise or fall

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