Dollar Dips as U.S. Rate Cut Looms

Today, the U.S. dollar fell against the Brazilian real, finishing R$5.4821, slightly down by 0.02%. This decline stems from expectations of a U.S. interest rate cut starting in September, as suggested by the latest Federal Reserve minutes. Worldwide, the dollar weakened as well. The DXY index, which compares the dollar against six major currencies, dropped […]