USD/BRL: Carry trade demand should dominate and drive the pair down to the 4.80 area - INGAfter the FOMC decision later today, Brazil's central bank (Banco Central do Brasil) is widely expected to deliver another 50 bps rate cut. Economists
Source: USD/BRL: Carry trade demand should dominate and drive the pair down to the 4.80 area - ING (https://www.fxstreet.com/news/usd-brl-carry-trade-demand-should-dominate-and-drive-the-pair-down-to-the-480-area-ing-202309201251)