The Brazilian real, currency which had its rally halted yesterday as negative reports pushed stocks and commodities down around the world, climbed again today as U.S. employment data came better-than-expected.

The Brazilian currency was one of those who benefited today from a U.S. employment report which indicated less job cuts in the nation for the month of July in comparison with June, renewing optimism and increasing risk appetite among traders. Several currency strategists suggest that the Brazilian real is likely to gain further, remaining the best performing currency this year.

USD/BRL traded at 1.8260 as of 19:18 GMT from a previous rate of 1.8391.

If you want to comment on the Brazilian real’s recent action or have any questions regarding this currency, please, feel free to reply below.

The Brazilian currency posted another day of gains versus most of the main traded currencies and hit a 9-month high against the greenback as corporate earnings came better than expected combined with a rise in commodity prices.

An extremely positive day for the Brazilian economy defined a bullish pattern for the real today, as commodities rose, the national stock exchange climbed more than 1.5 percent and confidence among traders brought the Brazilian currency to achieve a seventh day of gains versus the greenback, as yield is very appealing in times of optimism. The real also gained versus most of the 16 most traded currencies.

USD/BRL traded at 1.9045 as of 19:16 GMT from Friday’s closing rate of 1.9258.

If you want to comment on the Brazilian real’s recent action or have any questions regarding this currency, please, feel free to reply below.

The Brazilian real, a high-yielding emergent market currency, ended this week’s session climbing massively against the U.S. dollar, as renewed optimism among traders attracted foreign investments, pushing the Brazilian currency up.

A report in the U.S. indicating a rise in housing starts for the month of June was the main factor today to boost purchases of high-yield currencies like the Brazilian real and the Australian dollar. The Brazilian real rose 3.7 percent versus the greenback, posting the biggest gain among the 16 most traded currencies this week.

USD/BRL ended the week at 1.9266 from a previous rate of 1.9323.

If you want to comment on the Brazilian real’s recent action or have any questions regarding this currency, please, feel free to reply below.