Follow the dollar quotation this Thursday (12)
The dollar opened stable on Thursday, with a slight depreciation against other currencies, amid positive employment data from the U.S.
On Thursday, the dollar opened close to stability, showing a minor depreciation of 0.07% against the Brazilian real, quoted at R$ 5.1834. This trend follows the international movements of the U.S. dollar, which declined slightly against other currencies. The previous day, the dollar also settled down, closing at R$ 5.186 after a drop of 0.19%. Interestingly, the Brazilian stock market saw a significant rise of 2.18%, finishing at 189,699 points, buoyed by a new influx of foreign capital.
The positive movement in the foreign exchange market is attributed to encouraging employment data from the United States, which revealed a surge in job creation, with the payroll report indicating 130,000 new jobs added in January, up from 48,000 in December. This figure exceeded economists' expectations, who had predicted the creation of only 70,000 jobs, suggesting varied forecasts that ranged from a loss of 10,000 to a gain of 135,000. Furthermore, the U.S. unemployment rate fell to 4.4% in December, providing additional support for the dollar.
These developments in the U.S. economy are likely to influence the future trajectory of interest rates set by the Federal Reserve (Fed). The anticipation of continued strong economic indicators will play a crucial role in shaping foreign investment flows into Brazil, helping to stabilize the currency and increase investor confidence. As Brazil's economy remains sensitive to global financial dynamics, the implications of U.S. economic health on the local market continue to be a focal point for analysts and investors alike.