At 9:03 am (Brasília time) this Thursday (10), the commercial dollar It was trading slightly lower, down 0.12%, quoted at R$ 5.0560, with a depreciation of 2.00% in the partial week. On the previous day (9), the exchange rate fell 0.76%, to R$ 5.0620 – the lowest price since April 2024. The DXY – an index that compares the strength of the dollar against major global currencies – showed a downward bias (-0.07%).
Higher-than-expected IPCA (Brazilian inflation index) is on the radar.
This morning, in the domestic market, the reaction is to the announcement of… National Consumer Price Index (IPCA) March's inflation rose 0.88%, accelerating from February's 0.70%. This brings the accumulated inflation to 1.92% for the year and 4.14% over the last 12 months, above the previously recorded 3.81%. This more pressured figure tends to raise expectations of maintaining or even intensifying monetary tightening. Copomwhich can influence exchange rate behavior.
US CPI and Fed in focus.
Abroad, investors are awaiting the release of… Consumer Price Index (CPI) March in the United States. A better-than-expected result could reinforce the more rigid rhetoric of Federal Reserve (Fed) Regarding interest rates.
Geopolitics remains on the radar.
The market is also monitoring negotiations between the United States and Iran, with formal talks expected to begin this Saturday (11) in Islamabad. Despite the temporary ceasefire, uncertainties persist regarding the reopening of the Strait of Hormuz and the evolution of parallel conflicts in the region, especially in Lebanon. The scenario maintains investor caution, who remain attentive to geopolitical developments and their impacts on oil and global inflation.
This text was translated by machine from Brazilian Portuguese.