USD/BRL: The lows are in the 4.90-5.00 range – Commerzbank USDBRL Brazil Inflation Banks
Economists at Commerzbank discuss BCB’s policy outlook and its implications for the USD/BRL pair after yesterday’s inflation figures.“Yesterday's weaker-than-expected inflation data for mid-May boosted expectations of a rate cut in Brazil and weakened the real. We also see room for a rate cut.”
“We expect the BCB to initiate the rate cut cycle cautiously in order to avoid speculation about government influence. Accordingly, the Real depreciated yesterday, but is still trading at high levels against theFeed news If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
USD/BRL must overcome 5.10 to affirm an extended rebound – SocGenUSD/BRL is back above 5.00. Economists at Société Générale analyze the pair’s technical outlook. Downtrend could resume on a break under 4.93 “USD/BRL
Leer más »
USD/IDR to consolidate between the 14,600-15,000 range near term – CommerzbankIDR has been the best performer among Asian currencies this year. It is up by 4.6% vs USD year-to-date. Economists at Commerzbank expect the USD/INR
Leer más »
USD/JPY: Limited upside potential for the Yen in the near term – CommerzbankInflation rises in Japan. Economists at Commerzbank discuss BoJ's policy outlook and its implications for the Yen. Prices in Japan are rising “Prices
Leer más »
AUD/USD: Disappointing data threatens to weigh even more heavily on the Aussie – CommerzbankThe Australian Dollar was one of the biggest losers this week. Economists at Commerzbank discuss AUD/USD outlook for the next week. Aussie under press
Leer más »
EUR/SEK: Krona to remain under pressure for the time being – CommerzbankSince the beginning of May, the SEK has depreciated significantly again. The weakness of the Krona may become too much for the Riksbank and may act, e
Leer más »
BOJ will keep YCC until 2024, three-quarters of economists say: Reuters pollThe Bank of Japan (BOJ) will likely maintain its yield curve control (YCC) policy until at least next year, three quarters of economists polled by Reuters said, as expectations for a near-term policy shift by new governor Kazuo Ueda subside.
Leer más »