The Brazilian Real (BRL) has slightly weakened against the US dollar following the recent decisions made by the Federal Reserve and Brazil’s Central Bank. On Monday, the USD/BRL exchange rate reached a peak of 5.7285, marking the highest level observed since March 17. This situation presents intriguing opportunities for carry trade investors looking to capitalize on fluctuations in interest rates and currency movements. As both economies navigate their monetary policy landscapes, all eyes will be on their approaches to interest rates that could further impact this exchange rate dynamic.