Dollar Rises to R$5.48 as Treasury Yields Climb and Fed Rate Cut Bets Shift

The U.S. dollar closed higher on Monday, October 7, as investors reassessed their expectations for interest rate cuts. The greenback gained strength against the Brazilian real and other emerging market currencies. This shift came as Treasury yields climbed in response to changing market sentiment. The spot dollar ended the day at R$5.4865, up 0.55% from […]