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World Cup and Forex Exchange Market

Daytrader21 5 7月的订阅  在 #Trader's blog #Liquidity #Brazilian Real #Goldman Sachs #Fifa World Cup #Forex Exchange Market #Emerging Countries
I'm quite surprised that no one has write about the correlation between FIFA World Cup and the Forex Exchange Market as it's the biggest sport event of the year. Usually the host countries benefit most not only by the infrastructure investment in the years prior to the tournament, but also by the inflow in The Brazilian real, which is the Brasil national currency.
You have to convert your local currency to Brazilian Real in order to pay for the goods and services if you visit Brasil for the Worl…
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What do you think about Brazil?

annatimone 更新17 7月  在 #Miss Dukascopy 2013 #Oil #Carry Trade #Interest Rate #Brazil #Brazilian Real #Real #Bubble #Petrobras
Happy Monday!.. I thought I would start Monday with a puzzling question. Any thoughts about Brazil? Brazil raised key interest rate a half-point to 8.5 pct. Do you think it’s good or bad for Brazil? I think it will slow down Brazilian economy, because raising interest rates will slow down exports. The higher costs of living for some or, more precisely, higher cost survival for most is unavoidable. Especially, small businesses will feel the impact and suffer tremendously. Politica…
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