U.S. Dollar Dips Below R$5.50 Amid Anticipated Federal Reserve Rate Cut

After reaching R$5.60 the previous day, the U.S. dollar fell below R$5.50. This change occurred during a session influenced by global monetary policy announcements. Attention is centered on Federal Reserve Chair Jerome Powell’s comments at the Jackson Hole Economic Policy Symposium. On that Friday, the U.S. dollar closed at R$5.4794, decreasing by 1.99%. It also […]