The dollar closed Friday with a strong gain, at R$ 5.15.

THE commercial dollar closed this Friday (5) with a strong increase of 1.78%, quoted at R$ 5.1560The Brazilian real rose 2.32% in the week. The closing price was the highest recorded that day and the highest since April 2nd; at its lowest point of the trading session, the exchange rate fell to R$ 5.0550. The main highlight of the day was the publication of the payroll data by [the Brazilian government]. United States Department of Labor (DOL)According to the document, 172,000 new non-farm jobs were created in May, compared to 179,000 in April (revised figure from 115,000). The market projected the creation of 85,000 jobs last month. The robust performance shows that the US labor market remains resilient, reinforcing the prospect that the Federal Reserve should… keeping interest rates in the US at high levels for longer, to bring inflation back to the target. With the economic agenda empty in Brazil and less financial activity due to the Corpus Christi holiday on the eve (4), the market also kept some of its attention focused on the uncertainties surrounding the negotiations between the United States and Iran. This Friday, Lebanon accused the Persian country of using it as a "bargaining chip" in negotiations with the US. Four days ago, Beirut was again attacked by Israeli airstrikes and the spokesman for Tehran's diplomacy conditioned any kind of agreement with the American government on the interruption of Israeli bombings in Lebanese territory.

This text was translated by machine from Brazilian Portuguese.