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Event Brief

Fed Pause Lifts The Dollar Index, But USD/BRL Stays Pinned

USD/BRL remains near R$5.20 despite Fed's rate pause, showing strong support.
WHO: Federal Reserve
WHAT: Kept rates unchanged, impacting USD/BRL
WHEN: Jan 28, 2026 at 7:00 PM ET
WHERE: Brazil
WHY: Ongoing uncertainty and high carry expectations
Sources (1): Rio Times

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