Brazil: Protests unlikely to hit the Real – Wells Fargo
On Sunday, just a week after Luiz Ignacio Lula da Silva was sworn in as
USD/BRL to end the year at 5.25 – Rabobank
The USD/BRL is trading at 5.15 at the beginning of the month. Analysts at Rabobank
USD/BRL seen at 5.25 by year-end – Rabobank
Emerging market currencies are under pressure on Monday; the USD/BRL is up by 1.85% at
Bullish prospects for the Brazilian real and Mexican peso – Credit Suisse
Economists at Credit Suisse reaffirm their USD/BRL and USD/MXN Q2 targets of 4.50 and 19.55
USDB/BRL to sink towards 4.95 on a break under 5.11/5.09 – SocGen
Dip below the 200- day moving average (DMA) at 5.38) has extended the USD/BRL down
USD/BRL to continue its advance towards the 5.80 level – Credit Suisse
Economists at Credit Suisse revise their USD/BRL target higher from 5.65 to 5.80, following the
Brazil: Central bank to raise key rate by 150bps with some risk of an even more aggressive move – TD Securities
The central bank of Brazil (BCB) will meet this week. Market consensus point to an
USD/BRL to move closer to the upper end of the 5.15-5.50 range – Credit Suisse
Economists at Credit Suisse remain moderately bearish BRL, sticking to a 5.15-5.50 USD/BRL target range.
USD/BRL to tick down towards the 5.10 mark by year-end – MUFG
During August the Brazilian real appreciated against the US dollar from 5.1498 to 5.1256. Other
USD/BRL set to tackle the June low at 4.8932 – Commerzbank
USD/BRL has failed around the May high at 5.4842. The near-term risk is for a