Warsh Nomination Lifts The Dollar, But January Still Belongs To The Real

2026-01-31 - 08:55

Key Points USD/BRL rebounded late in the week on a Fed leadership signal and higher DXY. The pair still finished January down about 4.4% against Brazil’s real. Charts show a short-term bounce inside a broader downtrend that has not been repaired. The dollar found its footing at the end of the month after weeks of