
Credit Suisse says USD/BRL could fall as low as 5.00 in the near term on strong inflation data and a supportive external outlook. The bank remains cautious because of political risk and flow conditions.
It expects a tactical pullback toward 5.30-5.35 to become attractive afterward.
A move lower in USD/BRL makes Brazilian grain and soy exports more expensive in dollar terms relative to local currency costs, which can weigh on export prices. It is a forecast, and the bank itself expects a later pullback.
Setelah 213 peristiwa makro bearish sebelumnya, Real Brasil (BRL per USD) bergerak median -0,2% selama 5 sesi (46% lebih tinggi; separuh tengah -1,5% sampai +0,9%), dan +0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.