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Brazil Industrial Output (MoM) came in at 1.1%, above expectations (0.3%) in December

Brazil Industrial Output (YoY) came in at 1%, above forecasts (0.1%) in December

Brazil Industrial Output (YoY) came in at 1%, above forecasts (0.1%) in December
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USD/BRL: A break above 5.0000 would suggest a retest of the 5.0500-5.1000 range – CIBC

USD/BRL retested the 5.0000 level during the second half of January.
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