Dollar rises amid conflict in the Middle East

The dollar ended the last session on a high, quoted at R$5.43. The commercial euro depreciated by 0.28%, quoted at R$6.01.

This movement involving currencies is related to a tendency for currencies to appreciate in most of the world’s most liquid markets. This was due to the fear surrounding the escalation of conflicts in the Middle East.

In fact, the real showed progress in the face of the strengthening of oil. However, with Iran’s attack against Israel, the Brazilian currency depreciated against the dollar.

The data is from the company Morningstar.