INSUBCONTINENT EXCLUSIVE:
This Friday, the United States dollar achieved a significant uptick against the Brazilian real, recording its strongest weekly appreciation
in six months.Driven by US consumer inflation data, rise suggests tempered expectations for Fed monetary easing this semester.The dollar
(Photo Internet reproduction)Recent data disclosed that the United States consumer price index (CPI) increased by 0.4% last month,
mirroring the rise in February.Over the past year through March, the CPI grew by 3.5%, slightly above the 3.4% annual increase forecasted by
FedWatch tool shows market odds for June rate cut drop significantly to 25.8% from 53.2% last week.Further comments from Federal Reserve
time for rate cuts.Chicago and Boston Fed Presidents offer mixed outlook on rates, citing ongoing high inflation concerns.The rising dollar
200-day moving average near 4.93 reais, signaling robust trend and challenging outlook for real.
