The Brazilian real was little changed against the US dollar on Tuesday as investors balanced local monetary policy signals with new labour market data in the United States. Meanwhile, market actors ...
Even with the real’s attractive carry-to-vol profile, UBS argues that fiscal risks and the prospect of lower domestic rates ...
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UBS BB cuts exchange rate forecasts, sees firmer real on US easing and Brazil’s rates
UBS BB revised its exchange rate forecasts and argues that the scenario is more positive for the Brazilian real as global monetary easing progresses, while Brazil continues to offer high domestic ...
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