July 15th, 2009 at 0:24
The Brazilian currency rebounded against the U.S. dollar after May retail sales were published today, with better than expected figures, indicating that the Brazilian economy is recovering from the worse recession since the real was introduced in 1994.
July 09th, 2009 at 20:35
The Brazilian high-yielding currency, declined for almost a week as concerns regarding the global rose, but today it rebounded as commodities rallied, spurring demand for the South American country’s currency.
July 03rd, 2009 at 19:59
The Brazilian real, which started the week with a bearish movement due to rising concerns regarding the global slump depth, recovered its losses on favorable domestic economic reports.
July 01st, 2009 at 13:40
The Brazilian Real, which posted the best quarterly performance since it was introduced 15 years ago, is set to prolong its rally, as former central banker bets on the South American economy ability to rebound quickly, spurring demand for the national currency.
June 25th, 2009 at 10:57
The Brazilian currency rebounded its previous week losses posting two days of significant gains versus main currencies before a massive IPO in the nation’s stock exchange, which is likely to attract a great influx of foreign capital to the country’s financial system.
June 23rd, 2009 at 12:44
The Brazilian currency had the worst performance among the most traded currencies, as confused signals about the world economic situation increased risk aversion among traders, which are leaving high-yielding currencies to purchase safer assets.
June 18th, 2009 at 12:37
The Brazilian currency dropped to the lowest level in two weeks after weak global economic data decreased confidence among investors, attracted by safety and damping demand for commodities and emergent markets currencies.
June 05th, 2009 at 15:45
The Brazilian currency continued its rally against the dollar, euro, as the demand for commodities continues to rise on improved economic conditions mainly in Asia, spurring demand for assets in emergent markets.
June 04th, 2009 at 12:44
Brazil’s Real had the largest drop in six months falling 2.2 percent against the U.S. dollar and declining from an eight-month high, as commodities and stocks declined, reducing capital influx to South America’s most influential economy.
May 27th, 2009 at 11:45
The Brazilian currency had the sharpest rise in seven days after the country’s first current account surplus in 19 months was posted this week, pushing the national equities market up.
