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The Brazilian real and local assets rebounded on Friday after the previous day's collapse, with USD/BRL falling more than 2% to 3.28. The Bovespa gained about 2.8%, though volatility remained high.
The recovery eases near-term pressure on Brazilian export pricing, but elevated volatility keeps the currency's direction uncertain for feed trade.
octabroker.comMay 19, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
