Corporate foreign exchange news

Published by Mark Smith-HalvorsenTwo key reports due out later today are expected to shape foreign exchange trading trends for the Argentinean peso and the Brazilian real.According to a Bloomberg poll, consumer prices in Argentina rose 1.1 per cent in January, building on a 0.9 per cent climb in December.The figures, alongside the wholesale price index, will be published by the country's national statistics institute during the US trading session later today.Elsewhere, forex trading in the Brazilian real will be influenced by the publication of the latest IGP-10 inflation report, which is forecast to show an increase in the rate of inflation in the country, which has enjoyed rare economic prosperity during the global downturn.The real was the most successful currency in 2009, with foreign exchange brokers and traders causing it to appreciate by more than a third during the year.Real estate prices also climbed considerably during the year, but there may still be bargains to be had for those considering taking out a foreign property mortgage.For more information on purchasing currency for regular or one-off payments, visit our Personal FX site