Key Points USD/BRL stayed near 5.37 despite broad dollar softness, showing Brazil’s mix of carry support and fiscal fragility. Brazil’s dollar futures were busy: 155,000 DOL contracts traded, totaling R$41.84 billion ($7.78 billion). Selling pressure looks to be fading, but the pair is still boxed between 5.35 support and 5.40 resistance. The dollar opened Tuesday […]
