Dollar opens higher and is quoted at R$ 5.49 on this Saturday
On Thursday (5), the dollar closed higher and the stock market ended in decline.
The dollar opened the session on Friday (6) up 0.15% and is quoted at R$ 5.59, shortly after 9 o’clock.
The financial market continues to evaluate the technology sector of the Estados Unidos, amid concerns about the effects that the Democratic majority in the US Congress may have on the regulation of the sector. In Brazil, the fiscal framework remains on the radar.
Dollar on Thursday
On Thursday, the dollar closed up and the stock market closed down, in a market marked by an increase in risk aversion in international markets. The pressure came mainly from Wall Street, with heavy losses of shares linked to artificial intelligence.
In the domestic scenario, investors followed Selic’s maintenance at 13.75% per year and the discussions on the economic policy of the Lula government. The U.S. currency finished close to R$ 5.49, and the main index of the Brazilian stock market fell to about 166.2 thousand points.
Thursday Numbers (5):
Dollar on display: R$ 5,4876 (+0.67%);
Ibovespa: 166.191.45 points (-0,82%);
Financial volume of the exchange: R$ 31.16 billion
DXY Index (dollar against hard currencies): 101,560 (+0.09%);
Câmbio
The commercial dollar closed the session with an appreciation of 0.67%, quoted at R$ 5,488. The movement followed the deterioration of the external scenario, especially in the stock market of Estados Unidos.
Shares of companies linked to artificial intelligence and the technology sector recorded significant losses, amid concerns about investments in the segment and possible regulatory changes after midterm elections.
International pressure has led investors to reduce positions in risky assets, including currencies from emerging countries, and seek protection in the dollar. The DXY index, which measures the performance of the US currency against a basket of six currencies, rose 0.09% to 101,560 points.
In Brazil, the exchange rate also followed discussions on the economic agenda. Lula met with ministers, former ministers and advisers to discuss the direction of the economy. After the meeting, Finance Minister Dario Durigan said the government intends to deepen the analysis of economic measures, without announcing specific actions.
Brazilian industrial production was also on the radar. The sector recorded a 0.8% retracement in September compared to August. In the year-on-year comparison, production fell by 2.5%.
With information Agência Brasil
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