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Tag

fx markets

1 article

Research & Analysis2h ago

Brazil Real Surges 4.6% on Bolsonaro's First-Round Lead — Carry Yield Anchors LatAm Strength

The Brazilian real jumped to 4.98 per dollar from 5.22 as right-wing candidate Flávio Bolsonaro outperformed polling expectations, with institutional investors pricing in 40 basis points of rate cuts and a 4 percent currency gain.