Laden…
USD/BRL continued rising toward 6.0 after a Supreme Court investigation into President Bolsonaro and his family led to the resignation of the federal police chief and Justice Minister Sergio Moro. CIBC revised its Selic rate forecast to 2.0%-2.25% by end-2020 and its Q2 USD/BRL forecast to 5.50.
The bank expects political tensions and a dovish central bank to weigh on the real.
Political pressure and dovish rate expectations weaken the real, which raises the dollar value of Brazilian exports and can soften Brazilian soybean and meal offers on world markets.
forexcrunch.comFX Street25 mei 2020Na 301 eerdere opwaarts macro-gebeurtenissen bewoog Braziliaanse real (BRL per USD) zich mediaan +0,4% over 5 sessies (57% hoger; middelste helft -1,2% tot +1,7%), en +1,0% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
