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BRL/CHF - Brazil Real Swiss Franc

Real-time Currencies
Currency in
CHF
Disclaimer
0.1738
0.0000(0.00%)
Real-time Data

BRL/CHF Discussions

Best decade to invest in the Brazilian Construction Industry? Steel and other inputs are at a falling price. Thus, the cost of construction will plummet.  A study from João Pinheiro Foundation shows that the housing deficit throughout Brazil is at 5.8 million homes and rising. One of the causes for this growing deficit is the excessive burden of urban rent. As interest rates rise in Brazil and credit is increasingly scarce, making it even more difficult for Brazilians to buy real estate. International investors have abundant and cheap loans, with a strong dollar making Brazilian real estate very attractive in the global market. International sales are ascending and will probably continue to grow for some time. Digital transactions and instantaneous electronic deposits have only contributed to the internationalization of the Brazilian real estate market.
The USDCHF continued its bearish momentum last week bottomed at 0.9578 but closed a little bit higher at 0.9641. The bias is neutral in nearest term. Immediate resistance is seen around 0.9670. A clear break above that area could trigger further bullish pressure testing 0.9715 region. Immediate support is seen around 0.9570. A clear break and daily close below that area could trigger further bearish pressure testing 0.9470 area.get daily good signls by mail for more details visit my profile.
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