(Bloomberg) -- Investors should use options to bet
the Brazilian real appreciates for the next six months against
the dollar before weakening as inflation starts to accelerate,
according to Bank of America Corp.
The currency will add to this year's 13 percent gain as
high interest rates and robust economic growth bolster demand
for the country's stocks and bonds, the Charlotte, North
Carolina-based bank, the biggest U.S. one by deposits, said in a
strategy note dated July 10.
Read more at Bloomberg Currencies News
the Brazilian real appreciates for the next six months against
the dollar before weakening as inflation starts to accelerate,
according to Bank of America Corp.
The currency will add to this year's 13 percent gain as
high interest rates and robust economic growth bolster demand
for the country's stocks and bonds, the Charlotte, North
Carolina-based bank, the biggest U.S. one by deposits, said in a
strategy note dated July 10.
Read more at Bloomberg Currencies News
No comments:
Post a Comment