Technicals Look Good for Brazil ETF
September 18, 2013 at 08:30 AM EDT
The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest ETF tracking Latin America’s largest economy, has dealt with its share trials and tribulations. Slowing economic growth in China, a key destination for Brazilian commodities exports, coupled with a weak currency and weakness in the...