Brazilian Real News Archive

Brazilian Real Pares Losses as Central Bank May Raise Rates

The Brazilian real pared today its previous losses on the outlook for the central bank to increase the interest rates, attracting more investors to the country.

Brazilian Real Gains as Risk Appetite Increases

The Brazilian real rose today as the speculation that Ireland would receive the aid improved the traders’ risk appetite and increased the demand for the higher-yielding markets.

Brazil’s Real Rises on Better Consumer Sentiment

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.

Brazilian Real Falls as Central Bank May Intervene to Curb Gains

The Brazilian real declined today on the speculations that the central bank may start selling the currency for the dollars for the first time in more than a year.

Brazilian Real Drops vs. Euro on Concern for Global Recovery

The Brazilian real declined today versus the euro after the U.S. retail sales fell more than forecast, spurring the concerns for the sustainability of the global economic recovery.

Brazilian Real Drops as Mantega Curbs Appreciation

The Brazilian real went down today after the Finance Minister Guido Mantega said yesterday that the government intends to curb the currency’s gains.

Fears of European Crisis Hurt Brazilian Real

The Brazilian real went down today as the fears of the spreading European crisis deter the investors from the riskier currencies.

Brazilian Real Bolstered by Favorable U.S. Economic Data

The Brazilian real rose today as the favorable economic data from the U.S. caused the speculations that the Europe’s problems won’t be affecting the nation’s economy that much.

Brazilian Real Declines After Appreciation

The Brazilian real strengthened, before retreating again, today as China stated that the report about its decision to abandon the European investments was “groundless”, easing the concerns on the global markets.

EU Crisis Saps Brazilian Real of Its Strength

The Brazilian real slid today as the widening crisis in the European Union caused pessimistic outlook for the global economic recovery and made the investors’ sentiment shift towards the risk aversion.

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