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Brazilian Real to US Dollar (BRL/USD) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: September 20, 2024 (6:09)
Reverse forecast: USD to BRL
Brazilian Real / US Dollar price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Brazilian Real (BRL) to US Dollar (USD) | 18.4 | 18.2 | 18.4 | |
| 200 Brazilian Real (BRL) to US Dollar (USD) | 36.9 | 36.3 | 36.7 | |
| 500 Brazilian Real (BRL) to US Dollar (USD) | 92.2 | 90.8 | 91.8 | |
| 1000 Brazilian Real (BRL) to US Dollar (USD) | 184.4 | 181.5 | 183.7 | |
| 3000 Brazilian Real (BRL) to US Dollar (USD) | 553.3 | 544.6 | 551 |
How much will the BRL/USD currency pair cost in 2024, 2025 and 2026? What is the forecast for the BRL/USD currency pair? What is the target price of the Brazilian Real / US Dollar currency pair for 2024-2026?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Brazilian Real rise or fall against the US Dollar?
Identifying the trend of the BRL/USD currency pair
The recent developments highlight a complex interplay between global market sentiment and the BRLUSD exchange rate. The interest rate cut by the Federal Reserve, marking a 50-basis-point reduction, suggests a more accommodative monetary policy, which might weaken the USD. This shift could provide upward pressure on the BRL as investors seek higher-yielding assets.
However, Fed Chair Powell's hawkish commentary adds a layer of caution, potentially balancing the initial decline in USD sentiment. The introduction of BitGo's USDS stablecoin competition could reinforce some stability, reflecting a slightly bullish outlook for the USD due to enhanced liquidity and trust.
Bitcoin purchases as a hedge against US debt highlight the growing apprehension regarding traditional currencies, likely causing volatility in the USD exchange rate. Investors might diversify portfolios amidst debt concerns, thus impacting demand for the USD. Overall, heightened Federal Reserve activities and shifting investor preferences toward non-traditional assets signal increased currency market volatility in the near term. Investors should brace for potential BRLUSD fluctuations as market participants navigate these evolving economic landscapes.
USD Trend Forecasting
Regarding the USD currency, 147 news pieces were analyzed. The average relevance of these news items is 0.35 (the closer to 1, the higher).|
2024-09-18
|
Neutral | Impact: 0.09 | News: 16 (5/11/0) |
|
2024-09-17
|
Bullish | Impact: 0.02 | News: 18 (7/7/4) |
|
2024-09-16
|
Neutral | Impact: 0.09 | News: 13 (3/9/1) |
|
2024-09-15
|
Bullish | Impact: 0.08 | News: 2 (1/1/0) |
|
2024-09-13
|
Neutral | Impact: 0.06 | News: 12 (4/6/2) |
|
2024-09-12
|
Neutral | Impact: 0 | News: 12 (2/6/4) |
|
2024-09-11
|
Neutral | Impact: -0.03 | News: 16 (1/12/3) |
|
2024-09-10
|
Neutral | Impact: 0.01 | News: 10 (2/6/2) |
|
2024-09-09
|
Neutral | Impact: 0.06 | News: 14 (3/10/1) |
|
2024-09-07
|
Neutral | Impact: 0.02 | News: 1 (0/1/0) |
|
2024-09-06
|
Neutral | Impact: -0.05 | News: 13 (1/8/4) |
|
2024-09-08
|
Neutral | Impact: 0 | News: 3 (0/3/0) |
|
2024-09-05
|
Neutral | Impact: 0.03 | News: 12 (3/7/2) |
|
2024-09-04
|
Neutral | Impact: 0.07 | News: 4 (1/3/0) |
BlackRock Highlights Bitcoin Purchases as US Debt Concerns Rise
September 18, 2024 (21:31)
Trend: Neutral
Influence: -0.04
The news highlights a growing trend of investors seeking alternatives like Bitcoin due to concerns over the US debt crisis, adding pressure on traditional currencies like the USD. As a result, the USD exchange rate might experience volatility as investors diversify into perceived non-risk assets.
Powell's Comments Dampen Market Response to Unprecedented 50-Point Rate Cut; Credit-Sensitive Sectors Optimistic
September 18, 2024 (20:55)
Trend: Neutral
Influence: 0.13
The 50-basis-point rate cut signifies a more accommodative monetary policy stance, which traditionally could weaken the USD due to lower interest rates. However, Powell's hawkish tone suggests caution in future policy moves, creating a neutral impact on USD sentiment by balancing market anticipation with prudent economic management.
This chart provides a comparative trend analysis of sentiment scores over time for BRL and USD currencies, displaying their respective news coverage and associated sentiment.
By visualizing sentiment trends and news volume, investors and brokers can identify potential market-moving events, gauge market sentiment, and make more informed trading decisions.
Historical and forecast chart of the Brazilian Real/US Dollar currency pair
The chart below shows the historical quotes of the BRL/USD pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Brazilian Real/US Dollar rate can be found in the table below.
Long-term forecasts by years.
USD Main News
BitGo Introduces USDS Stablecoin to Compete with Market Leaders
September 18, 2024 (17:29)
Trend: Somewhat-Bullish
Influence: 0.24
The introduction of BitGo's USDS stablecoin could slightly bolster the USD's value due to increased options for asset-backed tokens that are pegged to the dollar. This competition in the stablecoin market suggests enhanced trust and stability in the USD, thereby leading to a somewhat bullish sentiment.
IT Sector Experiences Largest Decline in Six Weeks Due to Fed Rate Reduction
September 18, 2024 (15:35)
Trend: Neutral
Influence: -0.06
The Federal Reserve's rate cuts have decreased investor confidence, leading to a significant drop in IT stocks. This, coupled with global uncertainties, has put slight downward pressure on the USD as investors seek safer investment avenues.
Recent Movements and Trends in Bitcoin Cash
September 18, 2024 (15:07)
Trend: Somewhat-Bullish
Influence: 0.22
The anticipation of the Federal Reserve's interest rate decision is causing fluctuations in Bitcoin Cash, reflecting investor uncertainty about the economic outlook. A potential rate cut could strengthen the USD, as indicated by the somewhat-bullish sentiment, by potentially boosting economic growth and increasing investor confidence in U.S. financial markets.
Former Coinbase Executives to Establish New Exchange with PayPal USD
September 18, 2024 (13:00)
Trend: Somewhat-Bullish
Influence: 0.24
The introduction of a new exchange using PayPal USD as the main settlement currency could bolster confidence in the stability and utility of the USD in digital transactions, leading to a somewhat bullish sentiment. As this exchange is backed by experienced professionals from Coinbase, Circle, and Goldman Sachs, it is likely to attract significant attention and usage, potentially impacting the USD's exchange rate positively.
Euro Approaches Three-Week High Against USD as Fed Meeting Draws Attention
September 18, 2024 (11:17)
Trend: Neutral
Influence: 0.09
The anticipation surrounding the upcoming Federal Reserve meeting is contributing to increased volatility in currency markets, with the Euro performing strongly against the US dollar. Although the sentiment is neutral, the market's focus on potential Federal Reserve announcements is keeping traders cautious about the USD exchange rate.
Goldman Sachs-Backed BitGo Launches Competitive USDS Stablecoin
September 18, 2024 (10:56)
Trend: Neutral
Influence: -0.06
The introduction of BitGo's USDS stablecoin, promising high returns to network supporters, could increase demand for alternative stablecoins and affect the USD's utilization in global transactions. This competition might slightly weaken the USD's dominance, leading to a neutral sentiment impact on the exchange rate.
Global Markets Update: Asia Rises, Europe Mixed; Gold Increases and Dollar Softens
September 18, 2024 (10:35)
Trend: Neutral
Influence: 0.07
The anticipation of the Federal Reserve's first rate cut in over four years is creating an environment of uncertainty regarding the USD, leading to its softening. Investors are balancing between strong economic data and concerns about potential economic slowdown, impacting the currency's exchange rate.
Increase in Shanghai Composite Index by 0.49%
September 18, 2024 (10:34)
Trend: Neutral
Influence: 0.12
The USD exchange rate experiences stability as positive U.S. retail sales data suggests strong consumer spending, which supports the currency's resilience. However, the market remains cautious due to the ongoing debate about potential reductions, affecting the level of enthusiasm around the USD.
Indian Economy on Track to Double by 2030, Says NITI Aayog CEO
September 18, 2024 (09:28)
Trend: Bullish
Influence: 0.36
The prospect of India's economy doubling by 2030 suggests increased economic activity, potential growth in trade, and greater demand for the US dollar. Consequently, this positive outlook on India's economic trajectory contributes to a bullish sentiment for the USD.
Arthur Hayes foresees imminent market downturn linked to rate cuts
September 18, 2024 (09:25)
Trend: Neutral
Influence: -0.02
The news regarding Arthur Hayes' prediction of a market crash due to rate cuts could suggest a potential loss of confidence in the USD, leading to its depreciating sentiment score. Such a prediction might prompt investors to move away from USD-backed assets, seeking alternatives like Ether, hence the subtle impact on the USD exchange rate.
Sensex Dips 200 Points; IT Shares Decline Further
September 18, 2024 (09:02)
Trend: Neutral
Influence: 0.15
The decline in the Sensex and Nifty indices suggests reduced investor confidence, which typically causes investors to seek the stability of the USD. However, the neutral sentiment score indicates the impact might not be significant enough to cause a major shift in the USD exchange rate.
Dollar Stays Steady Below 101 as Markets Focus on Fed Rate Decision
September 18, 2024 (06:46)
Trend: Neutral
Influence: -0.05
The USD is currently experiencing little movement as investors are closely watching for the Federal Reserve's upcoming decision on interest rate cuts. Anticipation of a rate cut, which could signal a more accommodating monetary policy, contributes to the cautious sentiment and slight negative sentiment around the dollar.
Silver Trading Strategy: Fed Rate Cuts May Boost Silver Beyond Rs 90,400
September 18, 2024 (05:28)
Trend: Somewhat-Bullish
Influence: 0.16
The prospect of rate cuts by the Federal Reserve is generally bearish for the USD, as lower interest rates can reduce the currency's yield appeal. However, the sentiment in the market remains somewhat bullish, indicated by a sentiment score suggesting an expectation that any potential USD depreciation may be limited or counterbalanced by other economic factors.
Trading Strategies for Gold Amid Upcoming US Fed Policy Decision
September 18, 2024 (04:55)
Trend: Neutral
Influence: -0.04
The decrease in gold prices suggests a shift in investor sentiment possibly due to anticipation of the US Fed's policy announcement. This could result in increased demand for the USD as investors adjust their portfolios in anticipation of potential changes in US interest rates.
Skepticism persists as Bitcoin climbs to $61K, despite rally
September 17, 2024 (19:45)
Trend: Neutral
Influence: 0.07
The USD exchange rate is not significantly affected due to the skepticism around Bitcoin's sustained momentum, as indicated by traders' cautious stance. The looming Federal Reserve monetary policy decision adds to the uncertainty, reflecting a neutral outlook on the USD.
Comprehensive Analysis of News and Events influencing the BRLUSD currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Brazilian Real/US Dollar currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2024, 2025 and 2026).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Brazilian Real / US Dollar Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Sep 22 | 0.1844 | 0.1833 | 0.1858 | 1.41 % |
| Sep 23 | 0.1842 | 0.1833 | 0.1859 | 1.44 % |
| Sep 24 | 0.1857 | 0.1850 | 0.1867 | 0.90 % |
| Sep 25 | 0.1853 | 0.1835 | 0.1870 | 1.88 % |
| Sep 26 | 0.1834 | 0.1826 | 0.1841 | 0.81 % |
| Sep 27 | 0.1815 | 0.1809 | 0.1820 | 0.63 % |
| Sep 28 | 0.1815 | 0.1806 | 0.1823 | 0.89 % |
| Sep 29 | 0.1813 | 0.1800 | 0.1818 | 1.02 % |
| Sep 30 | 0.1826 | 0.1821 | 0.1839 | 1.01 % |
| Oct 01 | 0.1836 | 0.1822 | 0.1846 | 1.32 % |
| Oct 02 | 0.1859 | 0.1847 | 0.1868 | 1.15 % |
| Oct 03 | 0.1844 | 0.1839 | 0.1851 | 0.65 % |
| Oct 04 | 0.1844 | 0.1827 | 0.1853 | 1.42 % |
| Oct 05 | 0.1833 | 0.1827 | 0.1844 | 0.94 % |
| Oct 06 | 0.1834 | 0.1827 | 0.1842 | 0.81 % |
| Oct 07 | 0.1827 | 0.1813 | 0.1841 | 1.56 % |
| Oct 08 | 0.1806 | 0.1800 | 0.1823 | 1.26 % |
| Oct 09 | 0.1807 | 0.1795 | 0.1820 | 1.39 % |
| Oct 10 | 0.1800 | 0.1782 | 0.1814 | 1.81 % |
| Oct 11 | 0.1821 | 0.1816 | 0.1833 | 0.92 % |
| Oct 12 | 0.1830 | 0.1812 | 0.1847 | 1.93 % |
| Oct 13 | 0.1838 | 0.1831 | 0.1845 | 0.78 % |
| Oct 14 | 0.1829 | 0.1814 | 0.1847 | 1.81 % |
| Oct 15 | 0.1816 | 0.1809 | 0.1833 | 1.37 % |
| Oct 16 | 0.1818 | 0.1810 | 0.1834 | 1.35 % |
| Oct 17 | 0.1828 | 0.1821 | 0.1841 | 1.10 % |
| Oct 18 | 0.1817 | 0.1810 | 0.1827 | 0.97 % |
| Oct 19 | 0.1830 | 0.1823 | 0.1845 | 1.19 % |
| Oct 20 | 0.1845 | 0.1838 | 0.1858 | 1.10 % |
| Oct 21 | 0.1837 | 0.1832 | 0.1855 | 1.29 % |
Target daily price BRL/USD
Target values of the BRL/USD currency pair as of 09-22-2024.
Optimistic target level: 0.1858
Pessimistic target level: 0.1833
Target values of the BRL/USD currency pair as of 09-23-2024.
Optimistic target level: 0.1859
Pessimistic target level: 0.1833
Target values of the BRL/USD currency pair as of 09-24-2024.
Optimistic target level: 0.1867
Pessimistic target level: 0.1850
Target values of the BRL/USD currency pair as of 09-25-2024.
Optimistic target level: 0.1870
Pessimistic target level: 0.1835
Target values of the BRL/USD currency pair as of 09-26-2024.
Optimistic target level: 0.1841
Pessimistic target level: 0.1826
Brazilian Real / US Dollar (BRL/USD) Forecast 2024 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct | 0.1861 | 0.1782 | 0.1888 | 5.58 % |
| Nov | 0.1863 | 0.1827 | 0.1914 | 4.53 % |
| Dec | 0.1815 | 0.1745 | 0.1842 | 5.29 % |
BRL/USD forecast for this year
Forecast of the BRL/USD pair for Oct 2024
Forecast of the BRL/USD pair for Nov 2024
Forecast of the BRL/USD pair for Dec 2024
Brazilian Real / US Dollar (BRL/USD) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.1879 | 0.1827 | 0.1953 | 6.42 % |
| Feb | 0.1863 | 0.1809 | 0.1926 | 6.09 % |
| Mar | 0.1833 | 0.1767 | 0.1899 | 6.95 % |
| Apr | 0.1782 | 0.1708 | 0.1839 | 7.12 % |
| May | 0.1734 | 0.1702 | 0.1806 | 5.77 % |
| Jun | 0.1769 | 0.1729 | 0.1824 | 5.21 % |
| Jul | 0.1744 | 0.1686 | 0.1795 | 6.06 % |
| Aug | 0.1715 | 0.1677 | 0.1783 | 5.97 % |
| Sep | 0.1707 | 0.1676 | 0.1730 | 3.08 % |
| Oct | 0.1621 | 0.1554 | 0.1650 | 5.85 % |
| Nov | 0.1580 | 0.1531 | 0.1608 | 4.80 % |
| Dec | 0.1539 | 0.1514 | 0.1593 | 4.98 % |
Brazilian Real / US Dollar (BRL/USD) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.1506 | 0.1463 | 0.1536 | 4.76 % |
| Feb | 0.1488 | 0.1443 | 0.1514 | 4.75 % |
| Mar | 0.1456 | 0.1422 | 0.1500 | 5.21 % |
| Apr | 0.1397 | 0.1366 | 0.1451 | 5.86 % |
| May | 0.1401 | 0.1372 | 0.1419 | 3.34 % |
| Jun | 0.1407 | 0.1388 | 0.1451 | 4.34 % |
| Jul | 0.1430 | 0.1407 | 0.1464 | 3.90 % |
| Aug | 0.1499 | 0.1452 | 0.1561 | 6.98 % |
| Sep | 0.1424 | 0.1391 | 0.1486 | 6.34 % |
| Oct | 0.1360 | 0.1329 | 0.1407 | 5.59 % |
| Nov | 0.1385 | 0.1369 | 0.1447 | 5.38 % |
| Dec | 0.1404 | 0.1345 | 0.1449 | 7.16 % |