Dollar higher after disclosure that US is coming out of the crisis - Plataforma Media

Dollar higher after disclosure that US is coming out of the crisis

The dollar closed at a high and firm appreciation this Tuesday, reaching the level of R $ 5.23, in a day of global strengthening of the American currency after data raise expectations that the United States is leaving the worst of the economic crisis coronavirus, which placed the dollar as a safe haven.

Initially, the positive market figures in the USA raised interest in risk in foreign exchange markets, but the combination of these with still cautious statements by the President of the FED (Central Bank of the United States), Jerome Powell, ended up increasing the demand for security. of the US currency.

Powell said the Fed did not see the negative interest rate tool as attractive, that there was no decision on controlling the Treasury curve and that the central bank would slow down the recently announced purchases of individual corporate bonds if the market improved.

This article is available in: Português

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