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Brazil: the Dollar trades down in a session of lower liquidity on the eve of Christmas

Due to the proximity of the holiday season, the dollar started this Friday’s session down, with a smaller number of trades. The session is marked this morning by the release of the IPCA-15 of December in Brazil, the pre-inflation index to the consumer.

At 9:45 am, the spot dollar traded down 0.51%, quoted at R$5.1592, while the future contract for January of the U.S. currency showed losses of 0.28% at R$ 5.1635.

The Dollar trades down in a session of lower liquidity on the eve of Christmas. (Photo internet reproduction)
The Dollar trades down in a session of lower liquidity on the eve of Christmas. (Photo internet reproduction)

The turnover of contracts was around 22 thousand in relation to the most liquid maturity (January), well below the average, although the peak of transactions is still far away.

The IPCA-15 was released this morning. According to the data presented by IBGE, there was an increase of 0.52% in prices between November and December, below the median of Valor Data, of 0.56%.

In 2022, the IPCA-15 rose 5.9%.

After the release of the IPCA-15 this morning, the session should continue with a low turnover of contracts, even if American indicators are released, given the low liquidity before Christmas.

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