“The dollar is on the rise globally, and the situation is no different in relation to the Brazilian real, where the appreciation is a little more consistent,” said Diego Costa, head of foreign exchange for the North and Northeast at B&T Câmbio.
This morning, the dollar index — which measures the performance of the US currency against a basket of six currencies, rose 0.28%, to 104.280.
“Investors are looking for guidance in speeches from central bank officials as they await the release of the minutes of the latest monetary policy decisions, where we can gain a clearer understanding of the reasons behind the latest decision and future prospects.”
Speaking this Friday, the chair of the Federal Reserve, Jerome Powell, did not make any comments about the outlook for interest rates, so the focus was on other central bank authorities who will speak throughout the session: the vice -chair, Philip Jefferson; vice chair for oversight, Michael Barr; Atlanta Fed President Raphael Bostic; and director Michelle Bowman.
The day before, the U.S. Department of Labor reported that the number of people filing new claims for unemployment benefits unexpectedly fell last week, suggesting that job growth remained strong in March. At the same time, PMI data showed that US business activity remained stable in March, but prices rose across the board, suggesting that inflation may remain elevated.
“These numbers signal the strength of the American economy,” said Levante Investimentos in a note to clients.
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