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Dollar opens higher on global risk-off, Brazil election jitters
Valor Econômico·US · IR · BR·3 days ago
The Bloomberg Dollar Spot index has risen about 2% over the past two weeks, reaching its highest level since July, with option prices indicating expectations of continued strength into year-end. This marks a reversal from earlier weakness, suggesting a shift in market sentiment toward the dollar. The move likely reflects changing rate differentials or safe-haven demand, though the underlying drivers are not specified.