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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Webster Groves who wrote (59220)	12/21/2009 9:27:32 AM
From: Cogito Ergo Sum	Respond to of 218167

I mean the pass.. instead of taking the TransCanada route more northerly.. TBS

To: Webster Groves who wrote (59220)	12/23/2009 3:35:54 AM
From: elmatador	Respond to of 218167

Damn! Still weak vs BRL! Brazil's Real Ends Slightly Stronger I've got my pocket full of USD here and but the BRL doesn't budge! Brazil's Real Ends Slightly Stronger RIO DE JANEIRO (Dow Jones)--The Brazilian real ended slightly stronger against the U.S. dollar Tuesday in a stable trading session. The real closed at BRL1.782 to the dollar in trading on the Brazilian Mercantile and Futures Exchange, or BM&F, stronger than Monday's close at BRL1.783. Traders said the real oscillated in a narrow band between BRL1.782 and BRL1.784 throughout most of Tuesday's session in weak volume characteristic of periods before public holidays. Brazilian financial markets will be closed Thursday and Friday for the Christmas break. Traders said there was no strong direction in Brazil's forex market Tuesday. "The American GDP figure wasn't bad and housing sales were good but that meant they canceled each other out and led the real to trade flat," a trader said. He was referring to third-quarter U.S. gross domestic product data coming in at an annualized rate of 2.2% early Tuesday, while secondhand homes' sales leapt 7.4% in November, twice as high as expected. The Brazilian Central Bank intervened in early afternoon trading Wednesday to buy dollars on the spot market for BRL1.7820 to reduce liquidity. The central bank has been buying dollars at daily spot market auctions since May in order to soak up excess investment dollars on the local market. Investors on the Brazilian Mercantile and Futures Exchange were a tad calmer Tuesday, and interest rate futures contracts were mostly lower. However, the most actively traded contract, that of January 2011, closed at 10.34%, exactly the same as Monday's close. The contracts reflect investor expectations about annualized interest rates at future dates. -By John Kolodziejski, Dow Jones Newswires; 55-21-2586-6086; john.kolodziejski@dowjones.com