Argentina Current Account BOP (MoM): -2083M (2Q) vs -3710M

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Sep 25, 2015

USD/BRL toward 4.50 on a long term horizon – Rabobank

According Christian Lawrence, Strategist at Rabobank, the recovery of the Brazilian real (BRL) is likely to be short-lived and a decline of USD/BRL below 4 would provide a “better entry level for reinstating longs”.

Argentina Current Account BOP (MoM): -2083M (2Q) vs -3710M

USD/BRL toward 4.50 on a long term horizon – Rabobank

Argentina Monthly Econ Activity (MoM) down to 2.7% in July from previous 3.8%