Dollar retreats versus real after IPCA-15 and expectations for US inflation data

Dollar retreats versus real after IPCA-15 and expectations for US inflation data

The dollar fell against the real in early trading Friday, with investors digesting a weaker-than-expected January IPCA-15 and ahead of an important U.S. inflation reading that could offer clues on the country’s next steps. .

At 9:03 a.m. (Brasilia time), the cash dollar fell 0.31% to 4.9075 reais on sale.

On B3, as of 9:03 a.m. (Brasilia time), the front-month dollar futures contract fell 0.2% to 4.9105 reais.

A day earlier, the cash dollar closed the day on sale at 4.9228 reais, down 0.19%.

This session, the Central Bank will auction up to 16,000 traditional currency swap contracts with the aim of rolling over the March 1, 2024 expiration date.

Source: Terra

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