The Brazilian real, which is $ 5.74 worth $ 5.74 to date, trades by protecting the power of yesterday.
The Friday session ended with a $ 5,7433, which is consistently consistently in a row against the Brazilian currency, withdrawals between $ 5.7433.
From a point of view a week, the greenery lost 0.81% against the reality reflecting the improved sense of developing market currencies.
Yesterday, the appetite appetite in the world was primarily full of increased risk appetite in China with the expectations of new economic incentives.
The US dollar index (DXY), which measures against a basket of major currencies, fell to 0.12% to 0.12% on Friday afternoon.
Local financial factors
The market participants reacted positively to the unexpected progress in Brazil’s public debt figures. According to Central Bank The information reduced Brazil’s general public debt, as a percentage of GDP, 76.1% of the previous month in January 76.1%, 76.2% of economists.
“Surprisingly positive debt numbers gives investors more confidence in Brazil’s financial trajectory,” said Carlos Montiro, Banco Itaú, Economist at Banco Itaú. “This creates a more affordable background for the efforts to combat the Central Bank’s inflation.”
In January, 104,096 billion ($ 17.35 billion), the initial surplus of the record, helped improve against Brazilian assets. This financial outperment exceeded market expectations, 102,135 billion ($ 17.02 billion).
Trade volume and flows
The trade volume remained firmly on Friday session, about $ 8.2 billion in market operations. According to market information providers, the funds sold in foreign currency watching the Brazilian realist are recognized in about $ 45 million in the last week.
“We see international investors, especially in Brazilian assets, especially the positive financial information,” he said. “The currency market meets not short-term speculative streams, but also improved grounds.”
Technical analysis
From a technical point of view, the United States / BRL couple has become below the level of important support of R $ 5.80 now.
The currency pair, near the lower end of the range of 2025, the lower point of years is $ 5,6892 (marked on February 18) represents the next level of support.
“The technical picture was firmly separated against the reality for Duman,” he said.
“If the current three-day landing and a clean break below $ 5.80, we could see the vulnerability of more dollars to $ 5.65.”
External factors and goods
Brazilian real, the prices for the positive operation of the goods, iron ore and brent crude oil, more than 1% expectations of Chinese stimulating measures increased by Brent ore and Brent crude oil. As a major commodity exporter, Brazil tends to benefit from the growing prices of goods.
“The expected stimulation package of China provides important tails for commodity currencies such as real,” João Fernandes said the head market strategy in Bradesco strategy.
“Improved outlook for goods, with the main components of the Brazil’s trade balance by iron ore and agricultural exports, become a real power directly to the goods.”
Federal Reserve and US Political Development
Investors in the United States expect a meeting of the policy of the Federal Reserve next week, the interest rate will remain unchanged from 4.25% to 4.50%. Last time, weak US inflation data supported this meeting.
In addition, the political developments in Washington prevented a republican size to finance the Senate minority leader in Senate minorities, said he supported the country’s size to finance the government.
Outlook and expectations
Analysts remain optimistic about their close-term prospects. BNP Paribas Wealth Management Protected the 3-month target for US dollars / BRL, but revised the 12-month target, offers potential pressure on the Brazilian currency.
“When it soon saw an important power recently, the financial uncertainty around the 2025 budget can apply variability in the coming weeks,” he said.
“Delaying the budget voting for April, it is temporarily a longer uncertainty window that is temporarily weighing in currency.”
The Brazilian Congress has reached 7.7 billion ($ 1.28 billion) in the 2025 budget by April, the main factors for market participants in the coming weeks.
The Brazilian real rally falls for the $ 1 day in a row – March 15, 2025
