USD/BRL Rises amid Higher Annual Inflation, Bearish Economic Prospects
The Brazilian real joined the broader Latam currencies on Tuesday, falling against its US peer. The real, which is continuing its bearish ways in the…
Posts Tagged: Jair Bolsonaro
Brazilian Real Weakens As Interest Rates Expected to Be Unchanged Next Week
The Brazilian real weakened against multiple currency rivals on Friday as markets are betting that the central bank will leave interest rates unchanged next week….
Brazilian Real Rises on Better-Than-Expected Retail Sales, PMI
The Brazilian real is making gains against the US dollar and the euro on Thursday as the emerging market currency attempts to squeak out a…
Brazilian Real Flat on Strong Auto Data, Bolsonaro Diagnosed With COVID-19
The Brazilian real is trading relatively flat on Tuesday as investors digest the latest automobile data and bearish economic outlook. Global financial markets are also…
Brazilian Real Strengthens on EM Risk Appetite, Falling COVID-19 Cases
The Brazilian real is strengthening against many of its currency counterparts to start the trading week. The real is rising on greater risk appetite over…
Brazilian Real Weakens As Economy Contracts, COVID-19 Cases Explode
The Brazilian real is weakening against many major currency rivals to kick off the trading week. The real, which had been rebounding in recent weeks…
Brazilian Real Strengthens Despite New COVID-19 Hotspot
The Brazilian real strengthened against most of its major currency competitors at the end of the trading week, despite South America becoming a new hotspot…
Brazilian Real Crashes to Another Record Low As Coronavirus Worsens
The Brazilian real posted another record low against the US dollar midweek as the nation is beginning to see a huge spike in confirmed coronavirus…