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Brazilian real
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The Brazilian real rose over 4% against the dollar after Bolsonaro's stronger-than-expected performance in the presidential election.
The Brazilian real rose over 4% against the dollar after Bolsonaro's stronger-than-expected performance in the presidential election.
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Traders Unwind Brazil Real Hedges to Six-Year Low as Bolsonaro's Election Chances Rise
Traders are unwinding hedges against a weakening Brazilian real, with demand for such protection falling to a six-year low. This follows polls signaling an increasing chance of Flávio Bolsonaro defeat
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The Brazilian real rose over 4% against the dollar after Bolsonaro's stronger-than-expected performance in the presidential election.
The Brazilian real rose over 4% against the dollar after Bolsonaro's stronger-than-expected performance in the presidential election.
-
Traders Unwind Brazil Real Hedges to Six-Year Low as Bolsonaro's Election Chances Rise
Traders are unwinding hedges against a weakening Brazilian real, with demand for such protection falling to a six-year low. This follows polls signaling an increasing chance of Flávio Bolsonaro defeat
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Brazilian real
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