Despite external trade headwinds and tight domestic monetary conditions, Brazil’s finance ministry has upgraded its 2025 economic outlook and now sees stronger-than-expected growth. Gross domestic ...

Brazil's finance ministry raised its forecast for economic growth this year, while projecting a slight slowdown in 2026 in face of the central bank's tight monetary policy, a report showed on Friday.

This comes after last week’s statistics office IBGE report indicating that Brazil's economy expanded 1.4% in the first quarter as a record soybean harvest drove agricultural output up 12.2%.

EUR/USD extends gains to near 1.1700 in the European session on Tuesday. The pair draws support from a broad US Dollar retreat as traders refrain from placing fresh bets on the Greenback ahead of the ...