USD/BRL Holds Below 5.20 as Flat US Retail Sales Boost Fed Cut Bets and Carry Flows
The Big Three 1 Real consolidates near nine-month highs at 5.1931. USD/BRL was virtually unchanged on Tuesday as the pair continued to trade in the tightest range since late January, with intraday action confined between 5.17 and 5.21. The 15% Selic carry advantage and record foreign inflows into Brazilian assets kept the real anchored despite […]
Black News 
The Big Three 1 Real consolidates near nine-month highs at 5.1931. USD/BRL was virtually unchanged on Tuesday as the pair continued to trade in the tightest range since late January, with intraday action confined between 5.17 and 5.21. The 15% Selic carry advantage and record foreign inflows into Brazilian assets kept the real anchored despite […]
