Brazil’s real may be set for a “slow depreciation” as the nation’s presidential election enters a runoff, though “robust” inflows of funds are likely to spur a rebound, according to Credit Agricole CIB.
The dollar will rise past 100 yen “very soon” as Japanese demand for U.S. debt revives, Credit Agricole SA, France’s third-largest bank, wrote in a report yesterday.
"We've got weakening equities in Asia, and it looks like a risk aversion move that is pushing the yen higher."
- Mitul Kotecha on Dec 08, 2014
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