Brazilian Real Strengthens To 4-day High Against U.S. Dollar
June 17 2016 - 6:27AM
RTTF2
The Brazilian Real drifted higher against the U.S. dollar in New
York deals on Friday, as risk sentiment improved after the
suspension of campaign over whether the U.K. should stay in the
European Union.
Speculation spurred that the incident may influence public
opinion, since the gap between pro-EU and anti-EU supporters
remains very narrow.
The Brazilian Real that ended Thursday's trading at 3.4630
against the greenback climbed to a 4-day high of 3.4357. On the
upside, the Brazilian currency may locate resistance around the 3.2
region.
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