Brazil real up

The Brazilian real strengthened on Wednesday as concerns eased that the ouster of Senate President Renan Calheiros could potentially delay the approval of fiscal measures. Major newspapers reported Brazil's Supreme Court is seeking an agreement that would allow Calheiros to keep his post if he agrees to step out of the presidential line of succession. The Brazilian real strengthened as much as 1.3 percent to a two-week high, but later pared gains to trade 0.7 percent higher. Other Latin American currencies also firmed, supported by world-wide appetite for riskier assets.