MarketsNotablePartialDeveloping
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Dollar gains on real as Brazil politics, US Fed decision loom
InfoMoney·BR · US·3 days ago
The Brazilian real firmed slightly against the dollar in early spot trading, tracking other domestic assets, as investors positioned ahead of a Supreme Federal Court (STF) ruling on messages from Daniel Vorcaro to Minister Alexandre de Moraes, which could affect the electoral scenario. The dollar weakened against emerging currencies but stayed firm versus developed peers, leaving the real near stability. The ruling's outcome is uncertain and may drive short-term FX volatility.