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On Tuesday, the US currency retreated 0.81%, sold at R$ 5.1055. Dollar banknotes Pexels The dollar closed down this Tuesday (17th), with investors echoing minister Fernando Haddad’s speeches in Davos and with the external market waiting for the release of important economic data for the United States. At 9:02 am, the US currency retreated 0.36%, quoted at R$ 5.0873. See more quotes. On the eve, the dollar fell 0.81% and closed at R$ 5.1055. With the result, the currency accumulates a drop of 3.27% 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 domestic scenario, investors continue to monitor the speeches of Fernando Haddad, Minister of Finance, at the World Economic Forum, in Davos. Yesterday, the minister stated that it is possible to zero the deficit in the government’s accounts in up to two years. Haddad had already said that a new fiscal framework for the country should be presented by April. In this scenario, investors are waiting for new signals about the direction of the economy. The minister also spoke again about the tax reform, which should be divided into two stages. “The tax reform that we want to vote on in the first half is about consumption, but in the second half about income, to relieve the poorest layers of the tax, and to burden those who today do not pay taxes. Rebalance the Brazilian tax system to improve income distribution in Brazil,” he said. Abroad, Wednesday has a busy economic agenda. Earlier, the European Union’s statistical agency, Eurostat, reported that consumer inflation in the euro zone closed 2022 with a high of 9.2%, as expected. As of 10:30 am, important indicators will also be released in the United States, with emphasis on producer inflation, retail sales and industrial production. During the afternoon, the Federal Reserve (Fed, the US central bank) releases the Beige Book, a document that gathers information on the US economy. Next, Fed officials are expected to give a speech, giving new signals about the country’s macroeconomic trends. Initial plugin text

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