Friday, October 16, 2026

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USD/BRL remins elevated on continued inflation & growth worries in Brazil

Source: Thomson Reuters USD/BRL edges off Friday's high, by 3.28, remains elevated +14% month-to-date Brazil CB poll sees inflation/growth troublesome more hikes likely in '15 Economy account misses forecast, Govt not li…

By Jay L. Zagorsky
1 min read
USD/BRL remins elevated on continued inflation & growth worries in Brazil
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Source: Thomson Reuters


  • USD/BRL edges off Friday's high, by 3.28, remains elevated +14% month-to-date

  • Brazil CB poll sees inflation/growth troublesome more hikes likely in '15

  • Economy account misses forecast, Govt not likely to  prop up BRL 

  • USD/BRL resistance at 3.28 Fri's high, 3.3630 Apr '03 high, 3.4335 76.4% Fib

  • Support lies at 3.2308 daily pivot, 3.2058 lower 21-h Bolli, 3.1052 10-DMA

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