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06 Oct 2026 · 17:06 GMT+3

Brazilian Real: Political backdrop favors gains against US Dollar - TD Securities

TD Securities highlights a constructive Brazilian Real (BRL) backdrop, with diversified commodity exposure and strong carry. Their short-term fair value model places USD/BRL near 5.00 excluding political risk, but they favor the cross below 5.00 toward 4.60 longer-term.

Trading involves risk. The information above is for reference only and does not constitute investment advice.