KM Financial Solutions | Brazil real posts 2.6% weekly jump, CFTC funds amass biggest short since 2014
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Brazil real posts 2.6% weekly jump, CFTC funds amass biggest short since 2014

Brazil real posts 2.6% weekly jump, CFTC funds amass biggest short since 2014

Brazil’s real chalked up its
third strongest weekly gain of the year on Friday, spurred by a
Wall Street-led global rally in risky assets and as speculators
covered their largest short position in the currency in almost
five years.

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