Overview

• The dollar closed down 0.36% at R$5.4426 against the real after touching an intraday low of R$5.4218.
• Traders pointed to a broad dollar decline linked to expectations of additional U.S. rate cuts and recent Federal Reserve remarks.
• The DI January 2031 contract rose to 13.585% from 13.535%, diverging from falling U.S. 10-year Treasury yields.
• Brazilian equities slipped, with the Ibovespa down 0.32% to 142,144 points by the session close.
• Investor sentiment was weighed by reports that the TCU suspended the requirement to aim for the center of the fiscal target when defining contingencies.