USD/BRL: Reversal Higher after Challenging Long-Term Lows

Singapore News News

USD/BRL: Reversal Higher after Challenging Long-Term Lows
Singapore Latest News,Singapore Headlines
  • 📰 Daily_Forex
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

The USDBRL closed near the 4.7925 ratio yesterday, and this followed Monday’s session which ended around the 4.7225 mark- Forecast Forex

The upwards price action which has been demonstrated the past couple of days mirrors many other major currency pairs teamed against the USD. The lows reached last Friday in the USD/BRL touched depths last seen in May of 2022. Trading conditions in the USD/BRL and other major currencies the past day have been generated via nervous sentiment it appears from financial institutions which are trying to get a firm grasp on the mid-term outlook.

The U.S. yesterday published intriguing economic data which somehow didn’t translate into a weaker USD

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily_Forex /  🏆 567. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

USD/BRL: Real will continue to be a recipient of carry trade flow – INGUSD/BRL: Real will continue to be a recipient of carry trade flow – INGIn Brazil, the central bank should start cutting rates today. Economists at ING analyze BRL outlook. Brazil set to start its easing cycle The only que
Read more »

EUR/GBP to remain close to recent ranges – RabobankEUR/GBP to remain close to recent ranges – RabobankEconomists at Rabobank analyze EUR and GBP outlook. UK recession risks to undermine long GBP positions into the final months of the year We currently
Read more »

Sheriff Mark Lamb says it's Harris's job to close the borderSheriff Mark Lamb says it's Harris's job to close the borderArizona Republican Senate candidate and Pinal County Sheriff Mark Lamb said it is Vice President Kamala Harris's job to close the southern border.
Read more »

RBA Preview: Forecasts from 10 major banks, decision looks like a close callRBA Preview: Forecasts from 10 major banks, decision looks like a close callThe Reserve Bank of Australia (RBA) will announce its next Interest Rate Decision on Tuesday, August 1 at 04:30 GMT and as we get closer to the releas
Read more »

Stock market news today: Investors look to close out strong monthUS stocks rise as investors look to close out strong month of gains
Read more »



Render Time: 2025-03-13 05:36:00