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🔴 $BRLUSD -1.0% — live discussion
$BRLUSD is moving hard: -0.98% on the day, now at 0.19510.
Day range: 0.19450 – 0.19704.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 1 points
$BRLUSD is moving hard: -0.98% on the day, now at 0.19510.
Day range: 0.19450 – 0.19704.
What's driving it? Are you positioned? Drop your read below. 👇
Definitely watching BRLUSD today. The move seems to be largely driven by the recent inflation data out of Brazil and general emerging market sentiment. Not positioned myself, but curious to see if this trend holds.
Another day, another currency taking a dive. It's usually a combination of local political instability or some macro economic data release. I'd be looking at those first before considering a position.