Brazilian Real / Japanese Yen

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Brazilian Real / Japanese Yen discussion

BRLJPY long
bullish

BRLJPY Long BRL and JPY seen as debt ceiling event risk hedge


The Brazilian Real declined substantially after the minutes of the last meeting of the Brazilian central bank (Banco Central do Brasil, BCB) on Tuesday took a surprisingly more dovish tone than the original statement after the meeting had suggested. Economists at Commerzbank analyze BRL's outlook.
Idea:BRLJPY Long BRL and JPY seen a…