The Brazilian real dropped today as uncertainty about an outcome of the discussion about reduction of Greek debt made traders sell riskier currencies and stick to safer assets.(…)Read the rest of Brazil’s Real Down as Traders Await End of Greek Troubles (67 words) Posted on Forex News. Read More Brazils Real Down as Traders Await End of Greek Troubles
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The Brazilian real advanced today amid the speculation the Federal Reserve and the European Central Bank are ready to meet the economic challenges and support the global recovery, while Brazil’s central bank is going to stem losses of the Brazilian currency.(…)Read the rest of Brazil’s Real Gains as Central Bank Plans Support Currency (104 words) Posted on Forex News. Read More Brazils Real Gains as Central Bank [...]
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Brazil does not want to pursue an international “currency war” to increase its competitiveness, according to its incoming president, Dilma Rousseff. Read More Brazil?s next president Dilma Rousseff promises not to pursue currency war
Posted in FX News | Tagged brazils, currency, dilma, next, not, president, promises, pursue, rousseff, to, war
Brazil goes to the polls today looking almost certain to elect a former Marxist guerrilla as the country’s first-ever female president. Read More Brazils destiny assured under former Marxist guerrilla
Posted in FX News | Tagged assured, brazils, destiny, former, guerrilla, marxist, under
The Brazilian real advanced today against the euro on the speculation that demand for the South American exports would grow as the European economic outlook brightened. The currency declined versus the greenback.(…)Read the rest of Brazil’s Real Rises on Better Consumer Sentiment (54 words) Posted on Forex News. Read More Brazils Real Rises on Better Consumer Sentiment
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The Brazilian currency is ending the year of 2009 as the best performing currency in foreign-exchange markets and advanced versus most of the majors as large sums of foreign currency were sold in local markets today, consequently appreciating the real.(…)Read the rest of Brazil’s Real Advances on Transactions, Risk Appetite (151 words) Posted on Forex News. Read More Brazils Real Advances on Transactions, Risk Appetite
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The Brazilian currency was one of the multiple affected by a Dubai debt payment delay, setting the emergent market real to the third consecutive losing week versus the greenback.(…)Read the rest of Brazil’s Real Down on Dubai World Debt (65 words) Posted on Forex News. Read More Brazils Real Down on Dubai World Debt
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The Brazilian currency touched a one-year high versus the dollar and the pound this week but was unable to continue its rally as U.S. jobless claims came worse than what economists expected, decreasing appeal for emergent market high-yielding currencies.(…)Read the rest of Brazil’s Real Drops From Year High on U.S. Jobless Claims (68 words) Posted on Forex News. Read More Brazils Real Drops [...]
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Optimism returned to markets today affecting negatively currencies like the yen and the dollar at the same time that emergent market currencies, like the Brazilian real, witnessed a rally today, as commodities climbed worldwide.(…)Read the rest of Commodities Push Brazil’s Real to One-Year High (59 words) Posted on Forex News. Read More Commodities Push Brazils Real to OneYear High
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The Brazilian real, currency which had its rally halted yesterday as negative reports pushed stocks and commodities down around the world, climbed again today as U.S. employment data came better-than-expected.(…)Read the rest of Brazil’s Real Rebounded on U.S. Optimism (75 words) Posted on Forex News. Read More Brazils Real Rebounded on US Optimism
Posted in FX News | Tagged brazils, on, optimism, real, rebounded, us