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Currency analyst Robin Brooks gained a large following in Brazil after making a bullish call on the real. He is seen there as a rare long-term optimist on the currency, even during difficult periods.
A prominent bullish forecast on the real can support Brazilian currency demand, which would make Brazilian exports priced in dollars somewhat more expensive for foreign buyers.
bloomberg.comYe XieApr 18, 2022Not 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.
