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BRL surges as pressure increases on Rousseff

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events Impeachment process goes on (by Arnaud Masset) Dilma Rousseff, Brazil’s president, is definitely on the hot seat after a congressional impeachment committee voted (38-27) on Monday to recommend a trial in the Senate (upper house) on charges of breaking budget laws. Even though this vote is non-binding, it clearly set the tone for the lower-house (the Chamber of Deputies) for another vote, which is expected on next Sunday (April 17th). A two-third majority is required (342

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