U.S. Economic Data Triggers Dollar Slide, Fed Rate Cut Speculation Grows
On Friday, the US dollar dipped against the Brazilian real, mirroring its decline against other global currencies. This trend followed the release of disappointing US industrial data, sparking discussions about a potential Federal Reserve interest rate cut in June. The spot dollar ended the day down by 0.35% at 4.9545 reais, marking a 0.78% fall […]