Dollar rises ahead of long weekend

The dollar rose slightly against the real this Thursday (14), the last day of trading of the week, with the approach of the long holiday weekend, which should curb investors’ appetite for risk.

The monetary policy of the main central banks of the world dominated the attention on the day, shortly after the announcement of the decision of the most recent meeting of the ECB (European Central Bank).

At 9:14 am (Brasília time), the spot dollar advanced 0.34%, at R$ 4.7042 on sale.

On B3, at 9:14 am (GMT), the first-maturity dollar futures contract rose 0.24% to R$4.7230.

The dollar closed the last session up 0.25%, at R$4.6882.

This Wednesday (13), the dollar rose 0.27%, to R$ 4.6880. The American currency gained some strength against the real, still under the effect of inflation in the United States, whose renewal of the highest annual high in four decades signaled to the market, the day before, the acceleration of interest in the country and a potential global appreciation of the currency.

After three falling sessions, the Ibovespa gained 0.55% and went to 116,781 points. Petrobras’ most traded shares rose 2.13% and had the greatest positive influence on the country’s stock market benchmark.

The benchmark crude oil price rose by around 10% in two days with the push of China, the world’s largest importer of the raw material, which loosened isolation rules against Covid and indicated the possibility of adopting measures to stimulate economic growth. .

Despite favoring the Brazilian commodity sector, the rise in oil derivatives is the main driver of US and world inflation.

The DI (Interbank Deposits) interest rate, for January 2023, dropped slightly for the first time in seven days, falling from 13.10% to 13.05% per year.

Negotiated exclusively between financial institutions, the rate is a reference for granting credit to individuals and companies.

DI contracts with longer maturities, as for the years 2024 to 2029, remained high.

with Reuters