Dollar drops to R$ 5.36 awaiting Copom decision

In anticipation of the decision on interest rates in Brazil, the dollar lost strength, in a day of high volatility. Economic activity data and the shutdown of the U.S. government also moved the session. On Wednesday (5), the spot dollar (USDBRL) closed the session at R$ 5.3614, down 0.69%. In the morning, the currency reached R$ 5.40 with data from the U.S. The movement followed the external trend. At around 5 p.m. (Brasília time), the DXY, an indicator that compares the dollar to a basket of six global currencies, such as the euro and the pound, was operating with a decrease of 0.04%, at 100.188 points. The expectation of Brazil's monetary policy decision moved the foreign exchange market. Today (5), the Monetary Policy Committee (Copom) is expected to maintain the basic interest rate, the Selic, at 15% per year. The decision will be released after market closing. "The decision is widely expected, but the focus is on the statement that will accompany the announcement, as analysts ...