Dollar Weakens Against Real as U.S. Inflation Surprises Markets

The U.S. dollar closed lower against the Brazilian real on Wednesday, reflecting global market reactions to unexpectedly high U.S. inflation data for January. The currency ended the session at R$5.7631, down 0.08%, after a volatile trading day. This mirrored a slight decline in the U.S. Dollar Index (DXY), which measures the dollar against six major […]