MNI BRIEF: US October Core PCE YoY Rate Rises To 2.8%

MNI NOV CHICAGO BUSINESS BAROMETER 40.2 VS OCT 41.6

MNI China Daily Summary: Wednesday, November 27

MNI BRIEF: Hungarian Banks Strong, But Risks Remain - NBH

RPT:- MNI NOV CHINA MONEY MARKET INDEX 53.5 VS OCT 38.4

MNI NOV CHINA MONEY MARKET INDEX 53.5 VS OCT 38.4

US EIA:NAT GAS STORAGE -2 BCF TO 3,967 BCF NOV 22 WK

EZ/UK Bond Supply Calendar: Italy Auction, Finland ORI Thurs

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BRAZIL: USDBRL Rises Over 1.0% To Four-Year High

BRAZIL
BulletEM BulletEmerging Market News
  • "*HADDAD TO ANNOUNCE INCOME TAX EXEMPTION ON WED.: GLOBO" - BBG
  • USDBRL has spiked higher on the above headline, with the pair briefly rising 1.4% to 5.90, before paring some of the gains.
  • The move takes the pair above key resistance and the bull trigger at 5.8750 to its highest in over four years.
  • Spot quickly rose to the next resistance point at 5.9054, the 1.618 projection of the Aug 19 - 30 - Sep 19 price swing. Above here, the psychological 6.00 handle is up next.
86 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • "*HADDAD TO ANNOUNCE INCOME TAX EXEMPTION ON WED.: GLOBO" - BBG
  • USDBRL has spiked higher on the above headline, with the pair briefly rising 1.4% to 5.90, before paring some of the gains.
  • The move takes the pair above key resistance and the bull trigger at 5.8750 to its highest in over four years.
  • Spot quickly rose to the next resistance point at 5.9054, the 1.618 projection of the Aug 19 - 30 - Sep 19 price swing. Above here, the psychological 6.00 handle is up next.