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🔴 $BRLUSD -1.0% — live discussion
$BRLUSD is moving hard: -1.03% on the day, now at 0.19300.
Day range: 0.19300 – 0.19510.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 1 points
$BRLUSD is moving hard: -1.03% on the day, now at 0.19300.
Day range: 0.19300 – 0.19510.
What's driving it? Are you positioned? Drop your read below. 👇
This dip seems to be tied to the latest inflation data out of Brazil. Wondering if the government intervention will be enough to stabilize it.
Interesting to see such a strong move. I'm wondering if this is mostly driven by global risk-off sentiment or something more specific to Brazil.