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USDB11

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    105.1018$
  • Previous Close
    103.7368$
  • 52 Week Change
    --
  • Day Range
    1.36$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

USDB11.SA refers to It Now Dollar, an exchange-traded fund (ETF) listed on the B3 stock exchange in Brazil. This ETF seeks to track the performance of the U.S. dollar against the Brazilian real. It allows Brazilian investors to gain exposure to the dollar without directly purchasing it, offering a way to hedge against currency fluctuations or participate in potential dollar appreciation.

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Factors

USDB11.SA: Tracks USD value vs BRL. USD/BRL Exchange Rate: Key driver; a stronger USD increases USDB11.SA price. Interest Rate Differentials: Higher US rates vs Brazil can strengthen the USD, impacting price. Brazilian Economic Conditions: Economic instability in Brazil may weaken BRL, lifting USDB11.SA. US Economic Performance: Strong US economy often strengthens USD, increasing USDB11.SA value. Market Sentiment: Investor risk appetite influences demand for USD, affecting its price and USDB11.SA.

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