Brazilian Real Strengthens To Near 3-week High Against U.S. Dollar
June 06 2016 - 6:00AM
RTTF2
The Brazilian Real drifted higher against the U.S. dollar in
early New York trading on Monday, as commodities rallied on
expectations that Fed may delay June rate hike, in the aftermath of
dismal jobs report.
The Brazilian Real advanced to near a 3-week high of 3.5052
versus the greenback, compared to Friday's closing value of 3.5238.
The Brazilian currency may locate resistance around the 3.4
mark.
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