The dollar opened Wednesday with a moderate gain, at R$ 5.19.

At 9:10 AM (Brasilia time) this Wednesday (July 1st), the commercial dollar was operating with a moderate increase of 0.50%, quoted at R$ 5.1900. Yesterday (June 30th), the exchange rate fell 0.15%, to R$ 5.1640, but closed the month of June with an accumulated gain of 2.48%. The DXY – an index that compares the strength of the dollar with the main global currencies – advanced 0.26%. After the release yesterday of the Jolts in the United States and the Caged in Brazil – important indicators of the labor market –, today will be a little less busy, marked by the publication of the Purchasing Managers' Index (PMI) for the Industrial sector in both countries by S&P Global and the report from Automatic Data Processing (ADP), considered a preview of the payroll. Brazilian investors are also keeping an eye on the presidential race. New research from Atlas/Bloomberg released this Wednesday indicates that President Lula has 48.8% of the voting intentions in a possible second round against Senator Flávio Bolsonaro (PL-RJ), who appears with 42.3%. In April, both were tied with 48%. On the radar are the start of technical negotiations between the United States and Iran on a concrete peace agreement and the resumption of navigation through the Strait of Hormuz.

This text was translated by machine from Brazilian Portuguese.