Dollar today has a slight drop with foreign exchange and expectations for the interest rate decision in the USA

Dollar today has a slight drop with foreign exchange and expectations for the interest rate decision in the USA
Descriptive text here
-

The dollar operates lower this Monday (29), continuing recent losses in line with the weakness of the American currency abroad, with investors waiting for the Federal Reserve’s (Fed) interest rate decision.

The Central Bank will hold an auction of up to 12 thousand traditional currency swap contracts in this session for the purpose of rolling over the maturity date of July 1, 2024.

What is the dollar exchange rate today?

At 9:28 am, the spot dollar operates with a drop of 0.23%, at R$5.104 for purchase and sale. On B3, the first-month dollar futures contract fell 0.40%, to 5,104 points.

Continues after advertising

Commercial dollar

Sale: R$5,104

Purchase: R$ 5,104

Continues after advertising

Tourism dollar

Sale: R$5,327

Purchase: R$5,147

The dollar continues to fall, with attention focused on the Fed’s monetary policy decision on Wednesday, with investors already anticipating a delay in their US interest rate cuts following a series of difficult inflation in the US and with authorities, including President Jerome Powell, to emphasize that even these plans depend on data.

The US Federal Reserve is expected to keep its benchmark interest rate stable between 5.25% and 5.5%. Investors now expect just a single cut this year, currently scheduled for November, according to the CME’s FedWatch tool.

Markets are also paying attention to any intervention by Japanese authorities to contain the yen’s nearly 11% drop this year.

The article is in Portuguese

Tags: Dollar today slight drop foreign exchange expectations interest rate decision USA

-

-

NEXT IBGE: Interest rates and retail crisis may have influenced the unemployment rate, says economist
-

-

-