EMFX: Carry and Domestic Fundamentals Rather Than the USD

Tras 398 eventos alcista de macro pasados, Yuan chino (CNY por USD) se movió una mediana de +0,0 % en 5 sesiones (56% al alza; mitad central entre -0,3 % y +0,5 %), y +0,0 % en 20.

• 29 nov 2016FxWirePro: What else is appending impetus to USD/CNY appreciation than PBoC mechanism? Is it rate differentials and/or Trump factor? | EconoTimes-0,4 %
• 5 may 2022US Fed rate hike: how can China stem capital outflow and prop up the yuan? | South China Morning Post+1,7 %
• 5 dic 2022Renminbi movements: it's more than the trade and current account - OMFIF-0,9 %
• 22 jul 2024China stocks drop after party meeting, yuan falls on rate cuts - The Pound Hub-0,3 %
• 4 jun 2023China's yuan may slip further to aid economic recovery - analysts+0,6 %

Tras 213 eventos bajista de macro pasados, Real brasileño (BRL por USD) se movió una mediana de -0,2 % en 5 sesiones (46% al alza; mitad central entre -1,5 % y +0,9 %), y +0,2 % en 20.

• 13 dic 2022Latam FX: Fiscal fundamentals | articles | ING THINK-0,5 %
• 23 dic 2022USD/BRL: Fiscal fundamentals continue to be fragile – Rabobank: Analytics and Market news from 23 December 2022 15:34+2,3 %
• 15 sept 2025Latam FX Talking: Carry trade remains the dominant theme | articles | ING THINK-0,5 %
• 25 abr 2026Goldman Cuts USD/BRL Outlook as Real Gains on Trade, Carry and Risk Appetite-0,9 %
• 17 oct 2017BRL: Can flows pick up the baton from carry? – Deutsche Bank — Octa+1,5 %