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4 results for “US Payroll

Brazilian Real Strengthens Below R$5.09 as Weak US Jobs Data Eases Federal Reserve Rate Hike Fears
CurrenciesAug 09

Brazilian Real Strengthens Below R$5.09 as Weak US Jobs Data Eases Federal Reserve Rate Hike Fears

The Brazilian Real closed the week strong, crossing a key technical level after a weak US payrolls report reduced Federal Reserve rate-hike bets.

US Payrolls Data Set to Test Brazilian Real Strength, USD/BRL Hovers Near R$5.10 Ahead of Key Report
PROCurrenciesAug 07

US Payrolls Data Set to Test Brazilian Real Strength, USD/BRL Hovers Near R$5.10 Ahead of Key Report

The Brazilian real is trading flat against the U.S. Dollar as markets await the US Non-Farm Payrolls report, which will dictate USD direction.

Higher-for-Longer US Rates Erode Brazilian Real Carry Trade Appeal as Fiscal Risk Persists
CurrenciesJul 27

Higher-for-Longer US Rates Erode Brazilian Real Carry Trade Appeal as Fiscal Risk Persists

Persistent US rate strength and domestic fiscal uncertainty are challenging the BRL's yield buffer, narrowing the carry trade differential.

BRL Volatility Set to Spike on Ptax Rate and US Payrolls
CurrenciesJun 29

BRL Volatility Set to Spike on Ptax Rate and US Payrolls

The convergence of Brazil's end-of-month Ptax rate-setting and upcoming US labor data is poised to trigger sharp swings in the USD/BRL currency pair.