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EMERGING MARKETS-Brazil's real plunges as unemployment soars, set for best month in 2021 - Vimarsana News

EMERGING MARKETS-Brazil's real plunges as unemployment soars, set for best month in 2021

EMERGING MARKETS-Brazil's real plunges as unemployment soars, set for best month in 2021 Reuters 1 day ago By Shashank Nayar * Real jumps 4% in April, best month since November * Unemployment in Brazil soars to record highs * Mexican economy grows 0.4% in 1st quarter, beats expectations By Shashank Nayar April 30 (Reuters) - Brazil's real dropped on Friday as unemployment jumped to record levels and a spike in coronavirus deaths dented sentiment, although expectations of interest rate hikes and a weak dollar led the currency to gain most among its Latin American p...

Source: msn.com
EMERGING MARKETS-Latam FX tumbles in month-end selling, real outperforms in April - Vimarsana News

EMERGING MARKETS-Latam FX tumbles in month-end selling, real outperforms in April

EMERGING MARKETS-Latam FX tumbles in month-end selling, real outperforms in April Reuters 4/30/2021 By Shashank Nayar and Ambar Warrick * Real jumps 3.6% in April, best month since November * Unemployment in Brazil soars to record highs * Mexican economy grows 0.4% in Q1, beats expectations * Colombian c.bank holds rates as expected (Adds details on Colombia c.bank, updates prices) By Shashank Nayar and Ambar Warrick April 30 (Reuters) - Latin American currencies tumbled on Friday as rising Brazil unemployment and COVID-19 cases saw investors locking in profits...

Source: msn.com
FOREX-Dollar drops with U.S. yields despite strengthening U.S. recovery - Vimarsana News

FOREX-Dollar drops with U.S. yields despite strengthening U.S. recovery

FOREX-Dollar drops with U.S. yields despite strengthening U.S. recovery Reuters 1 hr ago By Kevin Buckland * Greenback retreats with 10-year Treasury yield below 1.7% * Strong U.S. data lifts Wall Street stocks to record highs * Bitcoin above $59,000 as crypto market cap tops $2 trillion * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, April 6 (Reuters) - The dollar sank to an almost two-week low versus a basket of its peers on Tuesday, moving in tandem with retreating Treasury yields from recent peaks despite signs of a robust U.S. e...

Source: msn.com
Dollar drops with U.S. yields despite strengthening U.S. recovery - Vimarsana News

Dollar drops with U.S. yields despite strengthening U.S. recovery

3 Min Read TOKYO (Reuters) - The dollar sank to an almost two-week low versus a basket of its peers on Tuesday, moving in tandem with retreating Treasury yields from recent peaks despite signs of a robust U.S. economic recovery. FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao The dollar index wallowed at its lowest level since March 25, slipping further in early Asian trading following a 0.4% decline on Monday. The softer turn comes after it hit an almost five-month peak on Wednesday of last week. The yen continued to rec...

Dollar on back foot as U.S. yields drop despite strengthening U.S. recovery - Vimarsana News

Dollar on back foot as U.S. yields drop despite strengthening U.S. recovery

The dollar steadied on Tuesday after posting its biggest drop in three weeks during the previous session as investors consolidated positions following a recent rally.