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A Brazil ETF Strengthens as Traders Eye Aggressive Central Bank Action

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...
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