The Brazilian real rose almost 1% against the dollar on Thursday after falling over 2% the previous day. An Ibope poll showed far-right congressman Jair Bolsonaro leading presidential voting intentions at 17%, with the left failing to gain momentum.
A Supreme Court ruling that privatizations need congressional approval had weighed on the currency on Wednesday.
A firmer real lowers the cost of dollar-denominated imports such as feed ingredients for Brazilian buyers, while a weaker real tends to support Brazilian export prices for soybeans, corn and meal.
Tras 213 eventos bajista de macro pasados, Real brasileño (BRL por USD) se movió una mediana de -0,2 % en 5 sesiones (46% al alza; mitad central entre -1,5 % y +0,9 %), y +0,2 % 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.