Dollar Climbs Against Real as US Inflation Surprises

The US dollar soared to its highest point against the real since last October on Wednesday. This jump was fueled by unexpectedly high US Consumer Price Index (CPI) data, leading investors to speculate that the Federal Reserve might postpone rate cuts past June. It closed up 1.41% at R$5.077, reaching R$5.084 in future contracts by […]

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