
The US dollar rose 0.46% against the Brazilian real on Wednesday to BRL 4.056, its highest level since February 2016, extending a sixth straight daily gain. The Ibovespa index closed up 2.29%, led by gains in Petrobras, Vale, Bradesco and Itaú.
A weaker real raises the local-currency cost of imported feed inputs and makes Brazilian soybean and corn exports more competitive, which can support Brazilian export prices. Political uncertainty and possible Fed tightening are the drivers cited.
Tras 301 eventos alcista de macro pasados, Real brasileño (BRL por USD) se movió una mediana de +0,4 % en 5 sesiones (57% al alza; mitad central entre -1,2 % y +1,7 %), y +1,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
USD/BRL rose for a sixth straight day to 4.056, the highest since Feb 2016, which describes the move within the 5-day window.