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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

BRAZIL: Ibovespa Rises More Than 3%

Amid reports on a possible privatization of Petrobras, reduction of compulsory deposit and the disclosure of manufacturing indicators in the domestic and foreign markets, Ibovespa closed the Tuesday trading session with a strong valuation of 3.23%, settling at 76,762.91 points ...

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ECUADOR: Vice-President Arrested For Odebrecht Case

Ecuador’s vice-president Jorge Glas was arrested Monday night after a judge issued a pretrial detention order against him. Glas is under investigation for illegal association in a case in which the Brazilian construction company Odebrecht allegedly paid US$ 16 million ...

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