The dollar has been rising since October 2, above R $ 3.90, excluding Reuters



[ad_1]


© Reuters. The dollar has risen and finished at the highest level since early October, above 3. The dollar has risen and finished at the highest level since early October, over $ 3.

By Claudia Violante

SÃO PAULO (Reuters), 90 reais, plus a day of global risk aversion reinforced by Brexit concerns, which added to the trade war between the United States and China and the global slowdown.

The dollar rose from 0.73% to 3%, 9187 reais for sale, the highest level since the 3 9349 reais of October 2nd.

This was the fifth highest followed, during which time it increased by 1.99%. At the peak of the session, it was 3.9466 reais and, at a minimum, 3.8917 reais. (19659004) "Since we do not have much to expect in the short term (on the local market), we are linked to the external market, and I do not think the investor is putting too much premium," he said. he declares. Brokerage firm H.Commcor Cleber Alessie Machado said important points, such as pension reform, are expected to happen next year.

"The only more relevant and effective event to guarantee a possible gathering The end of the year would be a federal reserve being even clearer in its reading of the slowdown in the pace of", he added, citing the meeting of monetary policy of the US central bank of 18 and 19 December.

Following recent US authorities' speeches on proximity to 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 that has won another one with that of Chinese company Huawei, which raises fears that the truce between the presidents of the two G20 countries will not lead to a agreement.

The global economic slowdown is still causing concern. especially after much slower than expected growth in November, already reflecting the slowdown generated by the trade dispute and which worsened by the country last month.

The decision was extended to British Prime Minister Theresa May of the British parliament, announced Tuesday its agreement on the Brexit concluded with the European Union because it had a good chance of being defeated.

"Brexit only made worse what was already done bad," commented a derivatives manager of a foreign brokerage firm at a time of dislike risk.

In doing so, he drew on the basket of currencies, advanced against emerging currencies such as

The dollar was trading up against the basket of currencies and other currencies of emerging countries, such as the South African rand.

"Brazil's exchange rate rose from R $ 3.70 / US $ to R $ 3.90 / US The main reason for this devaluation was the external scenario, which remains very worrying in the context of growth of the world economy, "wrote SulAmérica (SA 🙂 Investimentos sober Brasil.

On the internal level, the denunciations of Fabrío Queiroz, former adviser to the elected senator and son of President-elect Jair Bolsonaro, Flavio Bolsonaro, likely to affect the future government

83,000 traditional currency exchange contracts, equivalent to the future sale of US dollars, totaling US $ 4.149 billion out of a total of US $ 10.373 billion, expiring in January.

If you keep this daily offer and sell it until (f, b, e, v, n, t, s)
{if (f.fbq) return; n = f.fbq = function ()
{N.callMethod? n.callMethod.apply (n, arguments): n.queue.push (arguments)};
if (! f._fbq) f._fbq = n; n.push = n; n.loaded =! 0; n.version = 2.0 & # 39 ;;
n.queue = []; t = b.createElement (e); t.async =! 0;
t.src = v; s = b.getElementsByTagName (e) [0];
s.parentNode.insertBefore (t, s)} (window, document, & quot; script & # 39;
& # 39; https: //connect.facebook.net/en_US/fbevents.js');
fbq (& # 39 ;, & # 39; 751110881643258 & # 39;);
fbq ("track", "Pageview");
[ad_2]
Source link