The U.S. dollar begins the week strong against the Brazilian real, mirroring a global trend of dollar appreciation. Today, U.S. Treasury yields are rising again. Specifically, the ten-year note went past 4.5%, a first since 2007. This trend boosts the dollar. Moreover, worries about China impact currencies tied to commodities. At 9:40 a.m., the spot […]
Related Posts
Dollar Holds Steady at R$5.58 as Markets Digest U.S. Inflation Data
The U.S. dollar remained stable against the Brazilian real on Thursday, October 10, 2024. Traders witnessed minimal movement in currency markets amid low liquidity and neutral economic indicators. The greenback closed at R$5.586 for buying and R$5.587 for selling. This represented a slight decrease of 0.02% from the previous day’s close. Market attention focused on […]
Brazil Adjusts Economic Growth Forecast Amid Challenges
In a dynamic turn of events, Brazil’s economic resilience shines as the Ministry of Finance raises its 2024 GDP growth estimate from 2.2% to 2.5%. This optimistic update, unveiled yesterday, stems from the Macrofiscal Bulletin by the Secretariat of Economic Policy. Despite global economic fluctuations, Brazil holds steady with a firm 2.8% growth projection for […]
NATO’s Massive Drill: A Strong Message
NATO is launching “Steadfast Defender 2024,” its biggest military exercise since the Cold War. This drill involves a remarkable 90,000 troops, signaling NATO’s increased readiness amid global tensions. The exercise, spanning from North America to NATO’s eastern borders, aims to reinforce Europe’s defense capabilities. Notably, the exercise will simulate conflict scenarios with a near-peer adversary, […]