Wednesday, 22 September 2021

USD/BRL May Continue to Gyrate as Brazilian Central Bank Tightens by 100 Basis Points

The Central Bank of Brazil raised the Selic rate by 100 basis points on Wednesday, taking the country's benchmark interest rate to 6.25%

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

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...