Brazilian Real Off 4-day Low Versus U.S. Dollar
October 03 2016 - 4:54AM
RTTF2
The Brazilian Real erased its recent losses against the U.S.
dollar in European deals on Monday, as demand for emerging market
assets improved after upbeat factory activity data in Europe and
Asia.
The Brazilian Real climbed to 3.2372 against the greenback, off
its early 4-day low of 3.2626. On the upside, 3.0 is possibly seen
as the next resistance level for the real.
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