The US dollar weakened against the Brazilian real, closing at R$5.10, following the Federal Reserve’s decision to maintain its benchmark interest rate in the 3.50%–3.75% range.
The move marks a shift in sentiment after days of greenback strength driven by trade anxieties and geopolitical fears.
Brent crude prices jumped 7%, underscoring the persistent risk premium attached to global supply chains.
Brazilian equities also faced pressure, with the benchmark index falling 1.52% in the session.
The sell-off reflects a broader risk-off mood among investors, who are recalibrating positions after the Fed’s pause.
The central bank’s decision to hold rates steady removed a key driver of dollar demand, allowing the real to recover some ground.
Meanwhile, energy markets reacted sharply to escalating tensions in the Middle East.
Brent crude prices jumped 7%, underscoring the persistent risk premium attached to global supply chains.