USD/BRL — News Archive

Risk-Off Sentiment Brings Real Down

The Brazilian real fell today as the Forex market sentiment was negative for riskier currencies of emerging markets. Market participants prefer safer currencies to higher-yielding ones due to geopolitical risks.

No Interest Rate Hike Means Weaker Brazilian Real

The Brazilian real crashed today after the nation’s central bank refrained from raising interest rates, the move that led to speculations that there will be no more rate hikes in Brazil this year.

Traders Speculate that Brazilian Central Bank Won’t Support Real

The Brazilian real is volatile today as Forex traders speculated that the central bank will not be supporting the currency anymore, refraining from an intervention in the currency market, but the actions of the bank make such viewpoint questionable.

Real Drops as Outlook for Brazilian Economy Worsens

The Brazilian real fell today as analysts surveyed by Brazil’s central bank downgraded their growth forecast for this year as well as the outlook for the exchange rate and for the key interest rate.

Brazil’s Central Bank Ends Longest Cycle of Monetary Tightening

The Brazilian central bank halted the record stretch of interest rate increases, refraining from boosting borrowing costs at the latest policy meeting that has ended yesterday. The real retained its strength, rising against the dollar today in spite of the news.

Brazilian Real Rises After Ukrainian Elections

The Brazilian real advanced today due to the positive sentiment on the Forex market after the presidential elections in Ukraine. As for Brazil itself, nation’s policy makers have problems taming inflation without damaging economic growth, but this did not hurt the real, at least for now.

Mantega Says No Risk of Depreciation for Real

The Brazilian real gained today as Guido Mantega, Brazil’s Finance Minister, said that the exchange rate normalized, suggesting that there is no more risk for a big slump of the currency.

Brazilian Real Gains on Inflation Outlook

Brazil is yet another country with accelerating inflation that may affect the central bank’s policy decision. This led to gains of the Brazilian real, which rose today, reaching the highest price since April.

Rally of Brazilian Real Pauses

The Brazilian real retreated a bit at the current trading session after touching the highest level in fourth months on the previous trading session. The rally has started after Standard & Poor’s cut the nation’s credit rating but changed the outlook from negative to stable, and prices continued to rise till the beginning of this session.

Interest Rate Outlook Boosts Brazilian Real

The Brazilian real gained today on speculations that the central bank will keep raising interest rates, attracting investors from countries with near-zero interest rates to South American nation’s assets.

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