Brazil's Real fells from highest on growth outlook cut

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Source: Bloomberg
Brazil's Real declined from the highest level in one month, when the survey showed the Central Bank lowered its growth prognoses for Brazil's economy. The currency fell for the first in five days, losing 0.3% to 2.6397 against the Dollar. Analysts reduced their estimation for Brazil's economic development in 2015 from 0.5% to 0.4%.
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Mon, 12 Jan 2015 16:54:04 GMT

Pound reaches 18-month low on slowing inflation outlook

The Pound reached to its lowest in 18 months against the Dollar amid slowing inflation prospect boosted the Bank of England not to raise interest rates from a record low position. The Pound dropped 0.1% to $1.5148 in London after touching $1.5035 on January 8, the lowest since 2013. However, the Sterling added 0.3% to 77.91 pence versus the Euro.

Mon, 12 Jan 2015 15:20:10 GMT

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