Does anybody trade Brazil Reais against US or vice versa?
I've read and heard that the Brazilian economy is doing well and that some of their stock equities are doing well.
Is this a bad or a good idea to trade some exotics? What are the risks? Would the spreads be too wide, etc?
I'm asking because a friend is thinking of moving there and he has established Brazilian friends there to assist him in the country.
There's a big world out there.
Thanks for the feedback.
I've read and heard that the Brazilian economy is doing well and that some of their stock equities are doing well.
Is this a bad or a good idea to trade some exotics? What are the risks? Would the spreads be too wide, etc?
I'm asking because a friend is thinking of moving there and he has established Brazilian friends there to assist him in the country.
There's a big world out there.
Thanks for the feedback.