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08-08-2011, 09:20 PM
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Plunging Real Sends Emerging Currency Swings Up From 10-Year Low on Growth (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNECQn0s7IUFlfMvpcn_NYR7VCMjmg&url=http://www.bloomberg.com/news/2011-08-09/plunging-real-sends-emerging-currency-swings-up-from-10-year-low-on-growth.html)
Bloomberg
“The market is currently pricing in a very different growth and macro-backdrop than it expected three months ago,” said Mike Moran, a senior currency strategist at Standard Chartered Bank in New York. “This process of re-profiling the global ...

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