In view of analysis team at Nomura, the Central Bank of Brazil (BCB) is likely to keep rates unchanged at 6.50% at its 31 October meeting – the same level that’s been in place since March. Key Quotes “With the very likely Jair Bolsonaro election victory in the second round (link), on 28 October, the risks associated to a weaker currency and potentially higher inflation expectations are much more contained and give the BCB increased room to keep rates at the current (expansionary) level into 2019, in our view.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD strength still the name of the game – Danske Bank FX Street 4 years In view of analysis team at Nomura, the Central Bank of Brazil (BCB) is likely to keep rates unchanged at 6.50% at its 31 October meeting - the same level that's been in place since March. Key Quotes "With the very likely Jair Bolsonaro election victory in the second round (link), on 28 October, the risks associated to a weaker currency and potentially higher inflation expectations are much more contained and give the BCB increased room to keep rates at the current (expansionary) level into 2019, in our view." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
