A Brazil ETF Strengthens as Traders Eye Aggressive Central Bank Action
March 02, 2021 at 15:57 PM EST
Brazil country-specific exchange traded funds rebounded Monday as traders anticipate the central bank to take aggressive interest rate hikes. The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) increased 1.3% on Monday, testing its long-term support at the 200-day simple moving average. EWZ had...
