Economic Trends and Powell’s Comments Drive Dollar Down

The US dollar faltered slightly against the Brazilian real, settling at R$5.4126 last Wednesday, a modest decline of 0.04%. Earlier that day, it had sunk to R$ 5.3731, its lowest since mid-June, reflecting a broader softening by 0.77%. This move aligns with global currency shifts. The DXY Index, which measures the dollar against six major […]