The Brazilian real dropped as worries about the global growth reduced chances that the nation’s central bank will perform an interest rate hike.
USD/BRL — News Archive
February 21st, 2013 at 18:36
January 10th, 2013 at 17:34
The Brazilian real advanced today amid the positive sentiment created by the news from China and Europe, even as the data suggested that Brazil’s industrial output declined, spurring speculations that the central bank will keep interest rates record low.
December 27th, 2012 at 0:53
The Brazilian real fell today, following yesterday’s gains. The rally on the previous trading session was caused by speculations that policy makers would take measures to support the currency.
December 03rd, 2012 at 11:50
The Brazilian real managed to rebound after it fell earlier today as economic growth turned out to be slower last quarter than analysts had predicted, fueling speculations that policy makers may allow the currency to depreciate.
November 22nd, 2012 at 20:14
The Brazilian real dropped today as policy makers hinted that they prefer to see the currency weaker. Today’s market sentiment was positive for currencies of emerging markets and the real was rising earlier, but currently it erased its gains.
November 06th, 2012 at 18:21
The Brazilian real rose today amid the positive sentiment on the Forex market and on speculations that data will show an increase of Brazil’s inflation.
November 05th, 2012 at 14:16
The Brazilian real fell today as analysts revised down their outlook for Brazilian borrowing costs, even though forecasts for economic growth and consumer inflation remained steady. Some indicators, including industrial output, were bad enough to warrant lower interest rates.
July 12th, 2012 at 15:47
The Brazilian real fell today as Brazil’s central bank cut its key Selic rate yesterday. The general mood on the Forex market was not positive for commodities with higher yield, driving the real further down.
June 22nd, 2012 at 17:23
The Brazilian real rallied today on hopes that European politicians would find a way out of the sovereign-debt crisis that plague the countries of the European Union. Riskier currencies of emerging markets rallied on improving market sentiment.
June 19th, 2012 at 23:54
The Brazilian real gained today against the US dollar as speculations that the US Federal Reserve would stimulate the economy bolstered riskier assets, weakening the US currency at the same time.