SYFX

Brazilian Real Fails to Capitalize on Copom’s Hawkish Hike, USD/BRL Drifts Higher

Published On: August 5, 2021

Summary

By sueyangfx.com August 05, 2021 at 09:04PM The Brazilian real fails to take advantage of the aggressive tightening cycle undertaken by Brazil’s central bank, as fiscal concerns dent sentiment and drive demand for US dollars.

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By sueyangfx.com

August 05, 2021 at 09:04PM

The Brazilian real fails to take advantage of the aggressive tightening cycle undertaken by Brazil’s central bank, as fiscal concerns dent sentiment and drive demand for US dollars.

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