After climbing nearly 1% the day before, the dollar falls and falls below R $ 3.90
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At 23:51, the dollar fell 0.42%, to 3.8945 reais in the sale, after rising to 3.9111 reais at the last trading session
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Global markets have breathed a sigh of relief, but it is only at the end of the year that the global market has exploded. a little more relieved after the central bank of China reports that she is watching the exchange rate fluctuations and that she will be looking to keep the yuan stable (Bluberries / Thinkstock)
São Paulo – After leaping by 1% the day before, pulled back Tuesday and is already below the level of 3.90 reais, with the outside scene a little quieter but with the market under the expectation that the central bank [19659006] fell by 0.42%, to 3.8945 reais in the sale, after going to 3 9111 reais during the last trading session and recorded an evaluation for five months
"The theme of the trade war will continue throughout the week, "writes the team of Bradesco economists in a report, referring to the July 6 deadline when the US intends to impose rights on 34 billion
dollars in Chinese badets, which should trigger retaliation.
In this trading session, global markets have blown a bit more closely watching the currency fluctuations and will seek to keep the yuan stable and at a reasonable level. The yuan fell to 6.7204 by dollar its lowest level since August 7, 2017 and the first time below 6.7 since August 9, 2017.
Moreover, the political scene in Germany helped ease pressure on financial markets after German Chancellor Angela Merkel's conservatives reached an agreement on immigration and gave a little respite to investors facing many political concerns
] dollar fell by about 0.35% on a basket of currencies and also against currencies of emerging countries, like the Chilean peso.
Internally, investors remained attentive to the political scene, a few months after the presidential election in October and still marked by many uncertainties, and the shares of British Columbia
in this auction, the monetary authority only proposed and sold the lot of 14,000 traditional swaps, equivalent to dollar dollar is the US dollar, the total of 14,023 billion dollar who wins next month.
For the time being and as it has done during the last trading sessions, British Columbia has not announced any extraordinary intervention for this session, despite all the recent pressures that the market exerted on the dollar .