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Traders Unwind Brazil Real Hedges to Six-Year Low as Bolsonaro's Election Chances Rise
Traders are unwinding hedges against a weakening Brazilian real, with demand for such protection falling to a six-year low. This follows polls signaling an increasing chance of Flávio Bolsonaro defeating President Luiz Inácio Lula da Silva in October’s vote, an outcome seen as fueling a rally in the real.
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Source：彭博市场 · Source Link
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