Brazilian Real Fails to Capitalize on Copom’s Hawkish Hike, USD/BRL Drifts Higher

Brazilian Real Fails to Capitalize on Copom’s Hawkish Hike, USD/BRL Drifts Higher https://www.dailyfx.com/forex/fundamental/article/fundamentals_vs_technicals/2021/08/05/Brazilian-Real-Fails-to-Capitalize-on-Copom-Hawkish-Hike-USDBRL-Drifts-Higher.html The Brazilian real fails to take advantage of the aggressive tightening cycle undertaken by Brazil’s central bank, as fiscal concerns dent sentiment and drive demand for US dollars.

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Brazilian Real Fails to Capitalize on Copom’s Hawkish Hike, USD/BRL Drifts Higher

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