Dollar reaches highest price in 2026 with tax fears and doubts about the economic team
The December mini-dollar rises 0.93%, the currency accumulates an increase of 9.15% in the week and the market observes the new government's fiscal policy.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM INFOMONEY · 3 MIN
The dollar gained strength again at the close of October 30, and the movement drew attention due to its size. According to InfoMoney, the mini-dollar due in December (WDOZ26) rose 0.93% and closed at 5,470 points, in a test of the strength of the rise that has been forming in the exchange rate.
On the spot market, the American currency advanced 1.09% and was traded at R$5.4460, the highest price of 2026. During the week, the dollar appreciated by 9.15%, a pace that keeps the exchange rate at the center of attention of those who follow public accounts.
The explanation given by the vehicle points to the fiscal field. Also according to InfoMoney, the increase was attributed to fears about fiscal policy and uncertainty about the composition of the new Lula government's economic team. In other words, what is at stake is not just the price of a currency, but the doubt about how the country will conduct its accounts.
On the real economy front, the unemployment data provided an uneventful counterpoint. The unemployment rate in Brazil was 5.2%, in line with expectations, according to the same source. A number within the projections was not what guided the day, and the weight of the fiscal agenda appeared as the dominant factor.
Abroad, behavior was mixed. The dollar rose against some emerging currencies, but retreated against the yen and the pound, reports InfoMoney. This drawing shows that the pressure was not uniform and that the movement has a relevant domestic component.
For those who defend fiscal responsibility and a State that spends less, the episode reinforces a well-known message: the credibility of the accounts weighs as much as the fundamentals of the economy in the formation of the exchange rate. Without clear definitions regarding the conduct of economic policy, the premium charged for risk tends to appear in the price.
What changes for the investor
For those who invest and operate, the message is to observe the exchange rate as a thermometer of the mood with public accounts. A more expensive dollar makes imports more expensive and can put pressure on inflation, which influences expectations for interest rates. It also changes the value in reais of assets quoted in dollars, including shares of export companies and assets linked abroad, such as those that follow the Nasdaq. None of this points in direction for prices. The central point is to see whether the definitions regarding the economic team and fiscal policy will reduce or increase the uncertainty that currently weighs on the exchange rate.
Automatically translated from Portuguese.
