From Yahoo Finance: 2025-06-04 09:10:00

Brazil’s real currency is expected to remain steady due to concerns over external accounts. Analysts predict a 1.9% drop to 5.75 per dollar in 12 months. Itau Unibanco analysts cite interest rates and U.S.-China trade talks as supporting factors. Challenges for Brazil’s exporters include a decrease in poultry and soybean shipments.

For the Mexican peso, 5 of 12 respondents expect strengthening, 4 see weakening risks, and 3 are neutral. The peso is forecasted to depreciate 6% to 20.46 per U.S. dollar in 12 months. In Argentina, the peso is expected to trade at 1,440 per dollar in line with the official trading band.

Year-to-date, the real has gained 9.6%, the Mexican peso is up 8.3%, and Argentina’s currency has lost 13%. Despite concerns, the real has performed better than expected due to support from interest rates and global currency trends. Investor doubts over Brazil’s economy add to concerns about fiscal deficits.



Read more at Yahoo Finance: Brazil currency seen flat in near-term, restrained by trade worries: Reuters poll