Analysts at Rabobank see the Brazilian Real depreciating versus the US Dollar over the next months. The forecast USD/BRL at 5.05 by year-end. Key quot
Analysts at Rabobank see the Brazilian Real depreciating versus the US Dollar over the next months. TheThe gains of the BRL and other EM currencies start to dwindle as local central banks start their easing cycle while global interest rates are kept in restrictive mode. A market repricing of looming Fed cuts could erode carry-trade gains even further.IGP-DI accelerates and deflation period ends. IGP-DI general inflation advanced by 0.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top Wall Street analysts select these dividend stocks to enhance returnsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Dell and Verizon.
Read more »
On Brazilian island, revered Asian buffalo claims its placeAn incongruous sight meets visitors to the northern Brazilian island of Marajo: thousands and thousands of water buffalo, animals endemic to India and Southeast Asia that have found a new home in South America.
Read more »
Crinetics Pharmaceuticals shares surge 65%, analysts raise price target after acromegaly treatment resultsShares of Crinetics Pharmaceuticals Inc. gained 65% premarket on Monday after the company announced positive results from a late-stage study of paltusotine,...
Read more »
‘Dexter’ Was Heavily Inspired by This Chilling True StoryBrazilian serial killer Pedro Rodrigues Filho had a huge influence on the popular TV series, Dexter.
Read more »
Will XRP Explode or Dive Deeper? Huge Move Incoming According to AnalystThe price outlook of XRP remains uncertain as analysts anticipate a significant move
Read more »
Two San Clemente transplants, Toledo and Marks, clinch surfing world titleCaroline Marks win is the first for a female surfer from the mainland since 1997 and Felipe Toledo’s back-to-back championship title is a five-year reign for Brazilian surfers.
Read more »