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© Reuters. The dollar rose and was already operating above 3.90 reais Monday, with an eye on the market, and has already reached 3.90 reais Monday. international trade in the face of concerns over the US-China trade war and the weakening of the global economy.
At 11:52, the dollar rose 0.68% to R $ 3.9166 in sales, after closing the previous session with a rise of 0.39% to R $ 3.8902.
At most, the dollar was 3.9266 reais and, at a minimum, 3.8917 reais. The future dollar was up 0.2%.
"Since we do not have much to expect in the short term (in the local market), we are connected to the external market and I do not think that the investor is putting too much premium," said brokerage firm H.Commcor Cleber Alessie. Machado pointed out that important points, such as pension reform, should only happen next year.
"The only event more relevant and capable of guaranteeing a possible rebound by the end of the year would be a clearer federal reserve in its reading of the slowing of the current pace of monetary tightening", he added, citing the monetary policy meeting of the central bank of the United States on December 18-19.
After the recent speeches by the authorities of the institution on the proximity of the neutral interest rate, the Fed is expected to announce the end of the monetary tightening cycle.
Investors are wary of the US-China trade war, which won an additional battle with the arrest of the Chinese Huawei executive, raising fears that a successful truce between the presidents of the two countries in the G20 do not really succeed in reaching an agreement.
There is still concern about the global economic slowdown, especially after China's export and import growth was much lower than expected in November, which is already reflecting the slowdown in the trade and economic dispute. Worst recorded by the country the biggest surplus with the United States last month
The dollar was trading higher against the basket of currencies and compared to other emerging market currencies, such as the South African Rand
Internally, the focus has been on charges involving Fabrício Queiroz, a former adviser to the elected senator and son of President-elect Jair Bolsonaro, Flávio Bolsonaro, who could have an impact on the future government.
During this session, the Central Bank sold 13.83 thousand traditional currency exchange contracts, equivalent to the future sale of dollars. In this way, it generated $ 4.149 billion out of a total of $ 10.373 billion maturing in January
. If you keep this daily offer and sell it by the end of the month, you will have been postponed.
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