The Central Bank of Brazil (BCB) is scheduled to meet today and analysts at Nomura expect rates to remain on hold at 6.50%, the same level since March. Key Quotes “The BCB’s communication has acknowledged the difficulty in deciphering the May/June data, where both months were influenced by the truckers’ strike in late-May and expects more clarity in July/August readings.” “We do not see any reason for that flight plan to have changed following the most recent economic releases and believe the framework is in line with a hold and, generally, a “wait and see” mode in terms of communication this time around.” 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 FOMC widely expected to leave rates unchanged – TDS FX Street 5 years The Central Bank of Brazil (BCB) is scheduled to meet today and analysts at Nomura expect rates to remain on hold at 6.50%, the same level since March. Key Quotes "The BCB's communication has acknowledged the difficulty in deciphering the May/June data, where both months were influenced by the truckers' strike in late-May and expects more clarity in July/August readings." "We do not see any reason for that flight plan to have changed following the most recent economic releases and believe the framework is in line with a hold and, generally, a "wait and see" mode in terms of communication… 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.
