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USD/BRL Holds Near R$5.08 Amid Strong Dollar as Higher U.S. Rates Raise Medium-Term Risk of R$5.50
CurrenciesJul 27

USD/BRL Holds Near R$5.08 Amid Strong Dollar as Higher U.S. Rates Raise Medium-Term Risk of R$5.50

USD/BRL trades near R$5.086; strong U.S. economic data and high rates narrow carry trade, increasing risk of a test of R$5.50.