INSUBCONTINENT EXCLUSIVE:
Fed adjustments favoring the dollar in 2024, but no revisions materialized.The dollar closed 1.14% lower at R$4.9741, marking its largest
fall since a 1.53% decrease on November 3 of the prior year.Dollar Falls Below R$5 as Fed Holds Rates
(Photo Internet reproduction)Renato Campos of Hantec Markets noted Fed signals for 75 basis point cuts in 2024-2025 could weaken the dollar
He cited increased dollar liquidity and easier credit access as key factors.Fed Chair Jerome Powell, in a recent press briefing, discussed
the unexpectedly robust U.S
a careful approach to rate adjustments.Helena Veronese of B
when feasible.Such early rate reductions by the Fed could expand the interest rate gap between Brazil and the U.S.This would make the
Brazilian real more attractive for carry trade strategies, where investors benefit from the interest rate differences.The Brazilian Central
