Free Trial

USDBRL Testing Higher

BRAZIL

USDBRL opened marginally lower from yesterday around 5.07 but has since reversed and is approaching 5.13. This is the highest we have been since the COPOM statement on the 9th Dec and matches with yesterday's high print.

  • The target to fill the gap from the Central Bank meeting would be 5.1683.

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.