Brazil’s Real Finds Its Footing As Trade Rhetoric Cools And Brasília Looms

Brazil’s currency steadied around 5.47 per dollar on Tuesday morning, clawing back part of Friday’s jolt higher. The immediate trigger was politics, not economics: after days of tariff threats, Washington softened its tone toward Beijing and flagged open lines of communication, which briefly revived demand for risk assets from Latin America to Asia. With U.S. […]