The dollar closed slightly higher on Tuesday, at R$ 5.02.

THE commercial dollar closed this Tuesday (26) with a slight increase of 0.16%, quoted at R$ 5.0250At its peak for the day, the exchange rate rose to… R$ 5.0350At its lowest point, it fell to R$ 5.0020In this trading session, the market adopted a more cautious stance following new attacks by the United States in southern Iran, increasing doubts about a peace agreement in the short term. According to the US military, the offensives carried out on Monday night (25) aimed to "protect our troops from the threats posed by Iranian forces". According to Washington, vessels attempting to lay mines in the Strait of Hormuz and missile launch platforms were hit. Even in the face of increased tensions, oil prices showed different behaviors, with a sharp drop in WTI in New York Mercantile Exchange (Nymex) and appreciation of Brent in Intercontinental Exchange (ICE)Nevertheless, oil prices remain high compared to the beginning of the year, maintaining inflationary concerns in the international scenario. As a result, investors have reduced bets on interest rate cuts by the Federal Reserve (Fed). According to the tool FedWatch, from the CME GroupThe market is already pricing in around a 13% probability of an interest rate hike in July, above the 0.9% recorded a month ago. Domestically, the focus remained on Brasília. The special committee of the Chamber of Deputies that is analyzing the PEC to end the 6×1 scale postponed the vote on the opinion presented by Deputy Leo Prates to Wednesday (27) after a request for review by PL parliamentarians. Despite the postponement, the market believes that the proposal should move forward, especially after favorable statements from the president of the Chamber, Hugo Motta, and President Luiz Inácio Lula da Silva. On the economic agenda, the Central Bank (BC) It was reported that Brazil recorded a larger-than-expected current account deficit in April. The negative balance reached US$1.76 billion, while the accumulated deficit over 12 months reached the equivalent of 2.66% of the Gross Domestic Product (GDP).

This text was translated by machine from Brazilian Portuguese.