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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.
BRAZIL
- As mentioned the local agenda remains thin, which should leave market participants to follow price action in commodity/equity markets for guidance on the intraday moves.
- USDBRL fell just shy of noted support at 5.1163, the Aug 31, 2021 low. This may have prompted some profit taking following the extremely strong performance so far this year. The USDBRL squeeze will no doubt have been slightly exacerbated by the heightened tensions in Russia/Ukraine.
- Economy Minister Guedes in Brasilia meets with Argentina Economy Minister Martin Guzman virtually, scheduled for 3pm local time.
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.
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