For the second time this week, the dollar closed today’s trading session (6) higher, which stood at 1.13%. The US currency was traded at R$5.0733 for sale – the highest value since March 16, when it was trading at R$5.0917.
In the accumulated this week, the dollar increased 2.63%. However, considering the whole year of 2022, the currency devalued 8.97% against the real.
The price fluctuated from BRL 5.008 (-0.17%) to BRL 5.1154 (+1.97%) – this being the highest price since March 16.
The low was hit shortly after the US released data on the job market, which saw the creation of more than 428,000 new jobs. According to the Reuters news agency, there are indications that the Federal Reserve (Fed, equivalent to the US Central Bank) should continue with the escalation of interest rates to contain the inflation created by the injection of government aid during the covid-19 pandemic. and the rise in oil prices as a result of the war between Russia and Ukraine.
With that in mind, traders returned to buying, which boosted the price to the day’s highs. The dollar lost some steam in the course of trading, as the stock exchanges in New York left the lowest levels of the session.
The Ibovespa, the main index of the Brazilian stock market, ended the week with a slight decline, in a trading session that alternated highs and lows, and with the market also influenced by the employment numbers in the United States.
The index fell 0.16% to 105,134.73 points, down 2.5% on the week, the fifth straight weekly low. The last time the index had such a long streak of pullbacks was from September to October 2020; before that, the longest sequence had been recorded between May and June 2018. The financial volume of the session was 31.7 billion reais.
On Wall Street, the main stock indexes fell between 0.3% and 1.4%, also in a volatile session.
*With information from the Reuters agency.
