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BRL To Lose Ground As Commodity Rally Fades, Norges Bank Cut Rates

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Over the past two weeks the Brazilian real has been caught in crossfire between mounting political instability and a rally in commodity prices. As if volatility wasn’t high enough, last Wednesday the Federal Open Market Committee surprised the market, which was pricing in a more hawkish signal and lowered its[​IMG]

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