A farmer observes his soybean crops in Barreiras, Brazil. The price of Brazilian soy has increased since China hit US soy with tariffs, leading analysts to believe that the Brazilian currency may rise too. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

US-China trade war may be a boon to the euro and Brazilian real

Neal Kimberley says that amid the US-China trade crossfire, holdings of the euro may gain on the dollar and the Brazilian currency may rise against America’s. As a major trading partner of China, though, Australia’s dollar may be in for a rough ride 

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A farmer observes his soybean crops in Barreiras, Brazil. The price of Brazilian soy has increased since China hit US soy with tariffs, leading analysts to believe that the Brazilian currency may rise too. Photo: Reuters
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