Goldman Sachs Slashes USD/BRL Forecast on Surging Trade and Carry Strength - MEXC

Goldman Sachs lowers USD/BRL forecast on trade, carry strength - Investing.com

Goldman Sachs has revised its USD/BRL forecast downward, attributing this shift to a combination of robust trade dynamics and strong carry interest. This adjustment signals a positive outlook for the Brazilian real as external factors come into play more forcefully than previously estimated.

Goldman Sachs raises yuan forecasts on China export strength - Investing.com

Latam FX Talking: A few clouds on the horizon

The desk highlights emerging concerns in Latin American FX stability, particularly focusing on Brazil and Mexico. Per the full note, while Brazil's high yields and robust energy export position provide some support for the BRL, the recent uptick in political risks and aggressive interest rate pricing could temper its performance. Any potential slowdown in GDP growth or unfavorable global economic conditions may present challenges for both currencies, especially with risk sentiment wavering. Concerns regarding Mexico's growth outlook amid ongoing trade renegotiations add further complexity to the picture.

Goldman Sachs raises yuan forecasts on China export strength By Investing.com - Investing.com Australia