American currency rises this Thursday, February 1st

American currency rises this Thursday, February 1st
American currency rises this Thursday, February 1st
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Bloomberg Línea — O dollar (USDBRL) rose in trading this Thursday morning (1st). The American currency was quoted at R$4.96, with an appreciation of 0.12%, at 9:33 am (Brasília time).

In the previous session, the dollar closed trading at R$4.96, up 0.10%. The maximum value reached R$4.96, and the minimum was R$4.93.

The month of February begins with investors reacting to decisions by the Federal Reserve (Fed) and the Monetary Policy Committee (Copom) in relation to interest rates in the United States and Brazil, respectively.

Yesterday, the Fed kept rates unchanged for the fourth consecutive meeting and signaled openness to reducing them, but stressed that it was still too early to make cuts. The Copom, in turn, made a new reduction of 0.50 percentage points, taking the Selic to 11.25%.

In the euro zone, inflation declined less than expected at the start of the year, testing investors’ expectations that the European Central Bank (ECB) will begin cutting interest rates as early as spring.

The balance sheets of large US companies are back in focus, with Apple (AAPL), Amazon (AMZN) and Meta (META).

This year, the real has fallen 1.99% against the dollar. The maximum value was recorded on January 22nd, when the dollar reached R$4.98. The minimum was R$4.85 on January 12th. The average exchange rate for the dollar in the period was R$4.92.

This year, the Brazilian currency occupies position number 8 in a basket of 23 emerging market currencies with the highest appreciation.

The currency with the best performance this year is the Indian rupee, with a change of 0.28%. The currency with the lowest performance is the Chilean peso, which changed -6.43%.

Latin American currencies have performed as follows so far this year:

  • The Colombian peso (COP) depreciates by 1.05%
  • The Peruvian sol (PEN) depreciates by 2.79%
  • The Mexican peso (MXN) depreciates by 1.32%
  • The Chilean peso (CLP) depreciates by 6.43%
  • The Argentine peso (ARS) depreciates by 2.21%

The Ibovespa rose 0.28% at the close of yesterday, January 31st, at 127,401.81 points.

The best performing Ibovespa shares yesterday, January 31st, were:

  • GRUPO DE MODA SOMA SA (SOMA3) rose 16.81%
  • Magazine Luiza SA (MGLU3) rose 5.40%
  • Cielo SA (CIEL3) rose 5.07%

And the worst performers were:

  • WEG SA (WEGE3) fell 1.97%
  • Atacadao SA (CRFB3) fell 2.07%
  • Sendas Distribuidora S/A (ASAI3) fell 2.78%

– Content prepared with the help of automated data from Bloomberg.

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The article is in Portuguese

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