After Sharp Rise, Dollar Opens Session This Wednesday (11) at R$ 5.57
The dollar surged on Tuesday (10), advanced to near R$ 5.60 and closed at its highest level in over 15 months.
The trading dollar started the day down on Wednesday (11). Shortly after 9 o’clock, the US currency was quoted at R$ 5.5752.
With the Estados Unidos markets closed on account of the Veterans Day holiday, investors focus on the Brazilian scenario.
Tuesdays
The dollar soared on Tuesday (10), rose to close to R$ 5.60 and closed at the highest value in more than 15 months. The U.S. currency rose 1.46%, under pressure from higher-than-expected inflation in the Estados Unidos, which reinforced the outlook for higher interest rates in the world's largest economy.
In the stock market, Ibovespa fell 0.52%, following the negative movement of international stock exchanges. Oil fell more than 1 percent, still reflecting a possible moderation of the Estados Unidos relative to Iran.
Numbers of Tuesday (11):
Trade dollar: R$ 5,586 (+1,46%)
Ibovespa: 171,336.99 points (-0.52%)
Financial volume in B3: R$ 30.16 billion
S&P 500 (index of the 500 largest American companies): 0.38% drop
Brent oil for January: $91.49 (-1.17%)
WTI oil for December: US$ 86.04 (-0.93%).
Câmbio
The commercial dollar closed the trading price at R$ 5,5860, the highest closing value since July 31, 2025. During the session, the currency reached R$ 5,6135. With the result, it accumulates an appreciation of 2.60% in the first six lectures of November, after an increase of 5.20% in October.
The movement accompanied the appreciation of the US currency abroad. The DXY index, which measures the performance of the dollar against a basket of six currencies, rose 0.55% to 102,240 points in the late afternoon.
The pressure gained strength after the release of the consumer price index (CPI) of the Estados Unidos. Inflation rose 0.4% in October, above the 0.3% expectation. The core of the indicator, which excludes food and energy, advanced 0.3%, also above projections.
The data raised bets that the US Federal Reserve (Fed), banco central, could raise interest rates in December. The probability of a rise of 0.25 percentage point went from 84% to 88.2%. The chance of an increase of 0.50 percentage point, before at zero, reached 11.8%.
In Brazil, the minutes of the last meeting of the Monetary Policy Committee (Copom) were also on the radar of investors. The document pointed to higher inflation expectations and lower prospects for economic growth.
The Banco Central attributed some of the price pressures to supply shocks, including the rise in oil, the effects of the El Niño, labour costs and the devaluation of the real associated with domestic policy uncertainties.
Read also: Temperatures at 25°C mark Wednesday in Ponta Grossa and region
