- Analytics
- News and Tools
- Market News
- USD/BRL to remain confined between 5.50 and 5.00 in Q4 – Credit Suisse
USD/BRL to remain confined between 5.50 and 5.00 in Q4 – Credit Suisse
Economists at Credit Suisse stick to their 5.00-5.50 Q4 target range for USD/BRL following Lula’s runoff vote victory.
Risks of asymmetric expectations around cabinet selections
“We stick to our 5.00-5.50 Q4 target range for USD/BRL.”
“With the contested election risk premium seemingly priced out, we now see risks of asymmetric expectations around Lula cabinet selection. In absence of a broad turn in the USD outlook, this argues against a lasting USD/BRL break below 5.00 until more clarity on policy and personnel is reached.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
