FX BANK FORECAST · COVERAGE
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Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 31 institutional desks. No promotion.
FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 31 institutional desks. No promotion.
Research grouped under the USD/BRL · BCB pillar — consensus, dispersion, and the gap to spot across firms. Every piece links back to the underlying firm reports.
USD/BRL trades at 5.1108, a mere 0.21% above the 19-firm Dec-26 median of 5.10, masking a 1.20-figure dispersion from ING's 4.50 to BNP Paribas's 5.70.
USD/BRL spot of 5.0752 sits just 0.49% below the 19-firm Dec-26 median of 5.10, masking a 1.20-figure dispersion between ING's 4.50 and BNP Paribas's 5.70.
Spot USD/BRL at 5.1366 sits just 0.72% above the 19-firm Dec-2026 consensus of 5.10, masking a 1.20-figure dispersion that reflects sharply divided views on fiscal risk and Selic carry.