Previous Close | 0.2003 |
Open | 0.2010 |
Bid | 0.1997 |
Day's Range | 0.1996 - 0.2015 |
52 Week Range | 0.1917 - 0.2130 |
Ask | 0.1996 |
U.S. dollar net shorts last week hit their largest since August. U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the Japanese yen, euro, British pound, Swiss franc, Canadian, Australian and New Zealand dollars, Mexican peso, Brazilian real and Russian rouble.
Brazil's real on Tuesday weakened past 5.10 per dollar for the first time in more than four months, as emerging market currencies took a hit from a firmer greenback on the back of higher U.S. interest rates and strong economic data. The Brazilian currency was down 1.3% in early afternoon, trading at 5.1330 per dollar in the spot market, extending losses after it last week dropped past 5.00 per dollar for the first time since August. Brazilian central bank chief Roberto Campos Neto on Monday expressed concern about the continued rise in long-term U.S. interest rates and its potential impact on capital outflows from Brazil.
A month ago, the company added the Brazilian real and other Latin American currencies to its portfolio.