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Pare some gains ahead of the rate decision due at 17.00ET

BRAZILIAN REAL

BRL fades some of its opening gains versus the USD, albeit still up 0.18% so far in the early session.

  • The pair is at the high of session and looking to close the gap up to 5.2764
  • Attention turns to the Selic Rate decision tonight at 22.00BST/17.00ET.
  • All economists surveyed expects for Rates to stay unchanged at 2%

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