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via fxstreet.comPolitics

Brazilian real: volatility around 5.60 against USD, says TD Securities

FROM THE WIRE · FXSTREET.COM

TD Securities strategists see USD/BRL driven by Brazilian politics and fiscal concerns after Lula’s surprise election win.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralStrategists see USD/BRL driven by politics and fiscal concerns after Lula's election win.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01TD Securities sees USD/BRL volatility around 5.60.
  2. 02The outlook is driven by Brazilian politics and fiscal concerns.
  3. 03Lula's election win is described as a surprise.

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