# USD/BRL: Long-term prospects for BRL look brisker - Danske Bank - Forex Crunch

> Danske Bank sees USD/BRL falling to 3.75 in three months, 3.65 in six months and 3.50 in twelve months, a modestly positive outlook for the real. The bank says pre-election political woes will still weigh on the currency in 2018. It also notes the Brazilian Central Bank has kept rates unchanged and provided an abundant FX swap line.

- Date: 2018-06-29 · published 2018-06-29T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/64739-usd-brl-long-term-prospects-for-brl-look-brisker-danske-bank-forex-crunch
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A forecast for a firmer real would lower Brazilian buyers' import costs for feed ingredients over time, though the analysis is a forecast rather than a current price driver.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2017-09-29 | [Brazil: Mid- and long-term prospects for the BRL look brisker - Danske Bank — Octa](https://feedsoft.ai/events/69155-brazil-mid-and-long-term-prospects-for-the-brl-look-brisker-danske-bank-octa.md) | -1.6% | +2.7% |
| USDBRL | 2016-12-19 | [Brazil: upside prospects for BRL, but only for half year - Danske Bank — Octa](https://feedsoft.ai/events/73677-brazil-upside-prospects-for-brl-but-only-for-half-year-danske-bank-octa.md) | -3.5% | -4.8% |
| USDBRL | 2017-08-07 | [Brazil: We expect a near-term rally in the BRL - Danske Bank — Octa](https://feedsoft.ai/events/69657-brazil-we-expect-a-near-term-rally-in-the-brl-danske-bank-octa.md) | +1.5% | +0.4% |
| USDBRL | 2017-08-25 | [USD/BRL heading towards 3.00 in the next months – Danske Bank — Octa](https://feedsoft.ai/events/69656-usd-brl-heading-towards-3-00-in-the-next-months-danske-bank-octa.md) | +0.1% | -0.5% |
| USDBRL | 2021-10-28 | [USD/BRL Points Lower as Brazilian Central Bank Raises Selic Rate by 1.5% \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/44786-usd-brl-points-lower-as-brazilian-central-bank-raises-selic-rate-by-1-5-forex.md) | +0.7% | +0.2% |

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2018/06/29/usd-brl-long-term-prospects-for-brl-look-brisker-danske-bank/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.