The dollar opens the session focused on both domestic and international scenarios, with expectations around US consumer prices and Brazil's unemployment rates.
On this Friday, the dollar began trading with attention to both internal and external factors affecting its value. Key developments include the release of the Personal Consumption Expenditures (PCE) price index in the United States, which is closely monitored by the American central bank for inflation trends. Analysts anticipate a 0.3% increase for the month and a 2.8% rise over the past year. Additionally, the US is expected to announce its fourth-quarter GDP, projecting a 3.0% growth, along with initial data regarding the performance of the services and industrial sectors.
Political and trade dynamics are also at play, especially with a possible ruling from the US Supreme Court regarding the legality of tariff increases imposed by President Donald Trump, following an appeal from the Department of Justice against a previous court decision. This outcome could significantly impact trade relations with various countries, altering perceptions and strategies concerning tariffs moving forward.
On the international front, oil prices remain a focal point amid rising tensions between the US and Iran, with potential ramifications for the Strait of Hormuz, a critical route for global oil transportation. Analysts and traders are vigilant, as escalating conflict in the region could lead to volatile oil market conditions, affecting various economic indicators worldwide, including currency values and inflation rates in Brazil.
