Trial now
AUSSIE 10-YEAR TECHS

(M1) New Multi-Month Highs

USDCAD TECHS

Clearing Major Support

AUDUSD TECHS

Sizeable Resistance Building

EURJPY TECHS

Needle Still Points North

USDJPY TECHS

Bullish Argument Down, But Not Out

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  • According to three people with direct knowledge of the matter, special finance secretary Waldery Rodrigues is likely to step down and may be replaced by Bruno Funchal, Bloomberg reported.
    • The departure would come after a multitude of political battles, most recently exacerbated by the current year budget negotiations.
    • Guedes remains firm in his view that centralised structure needs to remain intact, despite heightened pressure to give up on some of his ministry's secretaries, which would then be controlled by political parties.