Brazil's real weakens 1 pct vs U.S. dollar | Reuters


Brazil's real weakens 1 pct vs U.S. dollar | Reuters

SAO PAULO | Wed Nov 9, 2011 6:09am EST

SAO PAULO Nov 9 (Reuters) - Brazil's currency, the real , weakened about 1.07 percent against the U.S. dollar early in spot market trading on Wednesday.

The real weakened to a bid price of 1.7580 to the dollar shortly after opening in spot trade.

The dollar rose against a currency basket as a surge in Italian bond yields prompted investors to run to the safety of the U.S. currency while selling currencies perceived to be higher risk.

Source http://feeds.reuters.com/~r/reuters/USdollarreportNews/~3/OTNivGbA8gE/markets-brazil-real-idUSE5E7L700R20111109



Improve Your Trading Skills

forexforbeginners

"Simply a Must Read for Every Serious Forex Beginner"

Available at Amazon

Now also for Kindle 

get forex book