He Real Brazilian records losses against the dollar for the third consecutive day Despite knowing that the US and China will hold their first conversations this weekend in Switzerland. The currency has just fallen at its lowest level since April 22.
He USD/BRL advances for the third day this week, rising in the last hour to a maximum of 15 days in 5,7385 after having tried a daily minimum in 5,6968.
At the time of writing, the dollar quotes in front of the Brazilian real on 5,7358, winning 0.38% in what we have been working on.
The Central Bank of Brazil will upload its interest rates after the Fed announcement
- The focus of the day will be in the Interest rates announcement that the Central Bank of Brazil He will perform this Wednesday at 9:00 p.m. The entity is expected to rise its types 50 basic points up to 14.75%, although a survey before analysts carried out by the Central Bank foresee that the increase was 15%. This setback in the forecast has weighed on the Brazilian real.
- Brazil has published its Industrial Production Datashowing a 1.2% monthly increase in March, above February 0% and 0.3% planned. Intended, the indicator has grown a surprising 3.1%, exceeding the previous 1.3% and the 1.4% planned. This is its greatest increase in five months.
- He Secretary of the United States Treasury, Scott Besent, and the trade representative, Jamieson Greer, will meet their Chinese counterparts in Switzerland next Saturday To discuss commercial and economic issues. This is the first direct conversation between the two countries since the US imposed tariffs on China and a step towards resolving a commercial war between the two largest economies in the world. Although China is the first commercial partner of Brazil, and the news should have benefited the Brazilian Real, the dollar has been the one that has gained impulse against the rest of the currencies.
- Finally, the day attention for investors in USD/BRL will also be in the Monetary policy of the United States Federal Reserve. The entity is expected to maintain the types without changes in 4.5% by the third consecutive meeting, although the tone of the words of the entity, Jerome Powell, could generate volatility in the pair.
Economic indicator
Interest rate decision
Monetary policy and their changes in interest rates are announced by the Central Bank Do Brazil. If the bank is optimistic in its inflationist expectations of the economy and raise its interest rates it is perceived as positive and upward for the Brazilian real. On the other hand, a pessimistic perspective of the economy or a rate cut is perceived as negative for the currency.
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Next publication:
MIÉ MAY 07, 2025 21:00
Frequency:
Irregular
Dear:
14.75%
Previous:
14.25%
Fountain:
Central Bank of Brazil
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
