Dollar Ends Slightly Lower Against Real After Quiet Session

Overview

• The spot dollar closed at R$5.1414, down 0.23% after a low‑volatility trading day that saw intraday swings of roughly 0.56%.
• Early in the session the dollar ticked up as oil fell about 3%, a move that put pressure on currencies tied to commodity exports.
• Banco Central do Brasil sold 50,000 swap contracts to roll the September expiry, an operation that helped supply FX liquidity and calm trading.
• Markets followed developments in the Middle East, where expanded U.S. sanctions on Iran and talks about a temporary navigation corridor for the Strait of Hormuz kept oil flows and prices under close watch.
• Dollar futures for September traded near R$5.1490 and the DXY stayed around 99, signaling that local factors and thin volumes drove the real's moves rather than a broad shift in dollar strength.