
The US dollar rose to its highest level against the Brazilian real since June, gaining more than 6 percent since Trump's election victory. The pair traded near 3.35 after a jump to 3.38, and the central bank suspended a currency swap auction that day.
A sharp real sell-off raises the dollar cost of Brazilian feed and soybean meal purchases and can make Brazilian soybean exports cheaper for global buyers. Central bank intervention signals official resistance to further sharp moves.
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.
Tras 73 eventos neutral de macro pasados, Harina de soja se movió una mediana de -0,3 % en 5 sesiones (44% al alza; mitad central entre -1,9 % y +2,1 %), y -1,6 % 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.
Reports dated 2016-11-10 describe USD/BRL jumping to the highest since June, up more than 6% since the election, with the central bank suspending a swap auction, which matches the size and timing of the 1-day move.
The dollar gained over 6% against the real after the election and hit its highest level since June, which captures the bulk of the move in the window.