Friday, October 16, 2026

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USD/BRL edges lower as Real rallies, Bovespa slides

Source: Thomson Reuters Greenback under pressure, spot hits 3.0233 back to 3.0500 Bovespa down -0.53%, local investors mulling yesterday's Fed mins Wide M/A resistance band 3.0775/3.0875 suggests topside capped 1-mth BRL…

By Jay L. Zagorsky
1 min read
USD/BRL edges lower as Real rallies, Bovespa slides
Image from the original EconoTimes article

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Source: Thomson Reuters


  • Greenback under pressure, spot hits 3.0233 back to 3.0500

  • Bovespa down -0.53%, local investors mulling yesterday's Fed mins

  • Wide M/A resistance band 3.0775/3.0875 suggests topside capped

  • 1-mth BRL NDF opened Sao Paulo 3.0594, traded to 3.0524 low, bounced off support at 3.0532  

  • BACEN to auction another 10.6k USD swaps to Mar & Oct 2016

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By FxWirePro Team