The Brazilian real rose today as investors wait for an outcome of the presidential elections that will occur next month and a monetary policy decision of the Federal Reserve that will be announced tomorrow.
USD/BRL — News Archive
September 16th, 2014 at 16:51
July 25th, 2014 at 17:07
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.
July 17th, 2014 at 16:25
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.
June 03rd, 2014 at 20:11
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.
June 02nd, 2014 at 16:18
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.
May 29th, 2014 at 14:36
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.
May 26th, 2014 at 17:15
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.
May 15th, 2014 at 8:27
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.
May 09th, 2014 at 9:51
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.
March 26th, 2014 at 22:32
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.