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USD/BRL - US Dollar Brazil Real

Real-time Currencies
Currency in
BRL
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5.1588
+0.0176(+0.34%)
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USD/BRL Discussions

Testing the June 21’ lows and expect possibly a capitulation breaking the prior lows before stabilizing and going back up. With higher inflation, oil prices, and interest rates the Brazilian economy will follow the rest of the global economy into a worldwide recession at best later this year and will position itself 6-9 months before. The least ugly currency still remains the U.S. dollar over the Real. Forth and final bottom before moving to 6.00 in the months ahead. One’s opinion.
Brazil follow? Brazil is a year ahead of the "rest of the world" US, EU, rates all going up, Turkey devaluation and still lowered rates, Russia raised but only do to sanctions, Brazil started raising rates a year ago and just did another 100 basis pts, Brazilian commodities backed currency, and like the last commodity super cycle, those type of currency outperformed, AUD, CAD, BRL, become safe havens as US cannot afford interest if FED raises rates above rate if inflation which is what's needed, Brazil did this and still has a balanced budget, US 1.5 trillion budget deficit, with trillion $ trade deficits, while Eurasia is being fractured into two systems with the Petrodollar breaking, global central banks be more likely to reduce holdings of USD in favor of currency tied to actual commodities being imported like energy, food, materials.
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