Brazilian Real drops for second day amid dimmed GDP outlook

Note: This section contains information in English only.
Source: Bloomberg
Brazilian Real dropped for a second day, while a dimmed GDP growth outlook made the assets of South American nation less attractive for international investors. Brazil's Real weakened 0.7% to 2.5983 against the Dollar in Sao Paulo, while economists revised downwards their forecasts for GDP growth in 2015 from 0.38% to 0.13%.
Back to articles

Actual Topics

Mon, 26 Jan 2015 19:55:04 GMT

Sight deposits climb at the SNB on interventions

Sight deposits at the SNB climbed almost 8% previous week, indicating that the central bank keeps purchasing foreign currency following cancellation of its three-year-old cap on the Franc. SNB's data report showed that sight deposits added to 365.5 billion francs during the week ending January 23, compared with 339.6 billion francs recorded a week earlier.

Mon, 26 Jan 2015 19:18:04 GMT

Japan exports boost hopes for economic recovery

Japan's exports soared 12.9% in December, the most on the yearly basis, due to the weak Yen and strong US Dollar, as well as strong Chinese demand. A stable increase in exports could help the Prime Minister Shinzo Abe revive the stagnant economy, which was in recession after a sales tax raise. However, imports added only 1.9% on the year

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.