Brazil’s Real Holds Near 5.48 As Trade Jitters Collide With Dovish Fed Hints

Brazil’s real hovered around 5.48 per dollar on Wednesday morning after a stop-start day that left the currency weaker than many emerging-market peers despite a softer U.S. dollar elsewhere. Spot closed near 5.47 on Tuesday after wide intraday swings. The immediate driver was a fresh flare-up in U.S.–China trade tensions. Both countries began charging extra […]