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EM Currencies Strengthen On Low US Rate Prospect, European Banks Under Pressure Amid Brexit

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Yesterday the Brazilian central bank (BCB) released its quarterly inflation report and updated its inflation and growth forecast. The BCB revised higher its inflation forecast for 2016 to 6.9%, compared to 6.6% at the March report. However, the central bank expect now inflation to rise 4.7% by year-end 2017, compared[​IMG]

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