On Tuesday, October 24, the Brazilian dollar showed an increase of 0.06%, trading at R$ 5.1720 shortly after the session began. This rise comes amid the implementation of a 10% additional tariff on products without exemptions in the United States, as outlined by the Customs and Border Protection Agency, following a prior announcement made by President Donald Trump. Market participants are closely monitoring how these tariffs will influence trade dynamics and the broader market landscape.

In addition to the tariff changes, statements from Federal Reserve officials are expected throughout the day, alongside the release of the ADP's weekly employment report, which previously indicated the creation of 10.25 thousand jobs in the private sector. Such updates are crucial as they can provide insights into the US economic condition, which has direct repercussions on the Brazilian market, particularly concerning investment flows and currency stability.

Domestically, Brazil's current account recorded a deficit of $8.4 billion in January 2026, an improvement compared to the $9.8 billion shortfall in January 2025. This adjustment hints at a gradual stabilizing effect on the Brazilian external balance, which is essential for maintaining investor confidence amidst shifting US trade policies. As such, the interplay of US tariffs and Brazil’s external economic indicators will be pivotal in shaping future market expectations and currency valuations.