INSUBCONTINENT EXCLUSIVE:
The USD/BRL exchange rate opened at R$ 5.85 this morning, continuing its upward trajectory after closing at R$ 5.8521 yesterday, which
marked a significant increase.This represents the third consecutive session of gains for the dollar against the Brazilian currency, as
Brazilian real under considerable pressure as the US dollar strengthened across global markets
potential US recession following comments from President Donald Trump.In a Sunday interview with Fox News, Trump stated that the economy
which showed economists raising their inflation forecast
USD/BRL pair is trading above both its moving averages, indicating a sustained bullish trend
monetary policy tightness and global growth concerns
Brazil, global ETF flows continue to show record volumes, reflecting ongoing investor interest in passive investment vehicles despite market
other emerging markets, potentially including Brazil.OutlookMarket analysts expect continued volatility in the USD/BRL pair, with a
consensus forecast suggesting a further weakening of the real
The longer-term outlook suggests a weakening of the real, particularly if global risk sentiment deteriorates further.
