$USDBRL -1.2% today — what's driving it?
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$USDBRL is moving hard: -1.24% on the day, now at 5.07310.
Day range: 5.06910 – 5.13430.
What's driving it? Are you positioned? Drop your read below. 👇
1 comments · 1 points
由原文自动翻译 · 阅读原文 (English)
$USDBRL is moving hard: -1.24% on the day, now at 5.07310.
Day range: 5.06910 – 5.13430.
What's driving it? Are you positioned? Drop your read below. 👇
This is a pretty significant drop. I'm new to forex, so I'm trying to understand the factors at play here. Is this largely due to a stronger dollar, or are there specific Brazilian economic indicators pushing it down?
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