On May 30, in a Barchart article, I highlighted that the Brazilian real was steady at twenty cents against the U.S. dollar. In that piece, I wrote:
The real is steady at around the $0.20 level against the U.S. dollar. The short-term trend is slightly bullish, but a break above the $0.22 level could trigger a significant recovery in the real versus the U.S. dollar currency relationship.
