[ad_1]
The dollar experienced two distinct moments on Monday 14: it rose in the morning to 3.73 dollars, and dropped in the afternoon to 3.68 dollars. The day has been less liquid and stock traders report that, in the first part of the business, China's fears of slowing down after weaker-than-expected trade balance data helped to strengthen the dollar in the global economy, have also resonated here. . In the afternoon, Donald Trump's statements that a trade deal with Beijing is possible have eased the pressure on the currency and the currency has bottomed not only here, but against currencies as well. like the Mexican peso and the african rand. South: At the end of trading, the US dollar closed at 0.33% to R $ 3.7011.
In addition to external news, the domestic market remains optimistic with the advance of pension reform. Throughout the day, the chief of staff, Onyx Lorenzoni, announced Friday a meeting to discuss the proposal to be given to Jair Bolsonaro. At the end of the afternoon, no information was available. about the meeting.
The trading tables estimate that the talks are continuing in Brasilia and that the proposal that should be presented to Jair Bolsonaro this week should allow for significant budget savings. In this context, the US bank Goldman Sachs has declared itself optimistic about the real and is considering additional potential for appreciation. "Skeptical investors," the US bank said Monday in a report to investors, "seem to be the minority for the moment."
Some houses, such as the Dutch financial group ING, see the real amount fall between 3.30 and 3.50 Australian dollars if Bolsonaro can approve a pension reform with a large tax saving, at least in the house of the president. R $ 800 billion of the original text proposed by Michel Temer. Without this reform, despite the weakness of the dollar, the US dollar could reach $ 4.00. "The market is very anxious to know what will be presented in the reform," says broker operator H.Commcor Cleber Alessie Machado Neto.
For the exchange specialist and consultant of ViaBrasil, Durval Correa, the market's optimism with social security is all based on expectations, because of concrete is little known so far on the proposal. "The market believes the reform will happen," he said. With that, there is a limitation to a higher dollar high for the moment. At the same time, the US currency also struggled to keep below R $ 3.70, at least until something more concrete about the proposal was published.
Source link
