Quantitative Analysis /
Brazil

Brazilian Real set to outpace the US Dollar

  • The Real has strengthened by 2.1% against the US Dollar this year

  • Our Machine Learning model forecasts the Real to strengthen by 17.8% over the next 12 months

  • Momentum indicators suggest it could be at a crucial turning point

Brazilian Real set to outpace the US Dollar
James Huckle
James Huckle

Quantitative Analyst

Tellimer Research
16 June 2021
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