Thursday, 5 August 2021

Brazilian Real Fails to Capitalize on Copom’s Hawkish Hike, USD/BRL Drifts Higher

The Brazilian real fails to take advantage of the aggressive tightening cycle undertaken by Brazil's central bank, as fiscal concerns dent sentiment and drive demand for US dollars.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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