Technicals

Add as a preferred source on Google

USD/BRL edges lower as Real rallies after data

USD/BRL dropped, spot ref for NDFs 3.1411, 1M NDF 3.1758 Onshore spot traded 3.1417/3.1686, importer bids at the base The FIPE inflation index came in just below forecast at +0.62% Big improvement vs last month's +1.1% a…

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • USD/BRL dropped, spot ref for NDFs 3.1411, 1M NDF 3.1758

  • Onshore spot traded 3.1417/3.1686, importer bids at the base 

  • The FIPE inflation index came in just below forecast at +0.62%

  • Big improvement vs last month's +1.1% a boost before BCB

  • IP was better than forecast also, -1.2% vs -1.4% forecast, Y/Y -7.6% 

  • BM&F 1M NDF range 3.1758/3.2108  

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560