Posts published in May 2014

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. Mantega…

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Mexican Peso Gains on Hopes for Improving Economy

The Mexican peso ticked up today as economists speculated that there are signs of positive developments in Mexico’s economy, which was disappointing investors recently. This year’s data on economic growth…

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Economic Outlook Makes NZ Dollar Attractive

The New Zealand dollar rose today as the outlook for the nation’s economy remains optimistic, making the kiwi more attractive. Prospects for additional monetary policy tightening added to the attractiveness of the currency. Traders were waiting…

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