JPMorgan says Brazil election "appears to be in Flávio Bolsonaro's hands", sees dollar testing R$5.00

JPMorgan says the Brazilian election "appears to be in Flávio Bolsonaro's hands" after his surprising first-round performance, and expects the dollar to test R$5.00, potentially reaching R$4.80 in the coming weeks as the real appreciates.

Detected & updated continuously · Source: Nebula