Brazil's real fell about 1% on Tuesday as presidential campaigns began, with investors watching the October election. A poll showed leftist Luiz Inacio Lula da Silva leading far-right incumbent Jair Bolsonaro by 12 percentage points.
Other Latin American currencies also slipped amid recession worries.
Political risk and a possible Lula win could weaken the real, making Brazilian-origin feed and grain exports cheaper in dollar terms and supporting Brazilian export competitiveness. Recession worries add to demand uncertainty for commodities.
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.