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«The Rio Times»
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2024
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Dollar’s Jump Amid U.S. Labor Strength

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Following an unexpectedly robust U.S. job report, the dollar surged by approximately 1% to $4.96. This reversal came after a downtrend over three sessions, suggesting the Federal Reserve may hold off on cutting interest rates in March. Closing at R$ 4.9661, the dollar saw a 1.04% increase, cumulating a 1.12% weekly gain. The futures market […]











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