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The Brazilian real traded near 5.17 per USD and firmed slightly at the end of June as the dollar pulled back after softer US PCE data. Softer US inflation eased fears of further Fed tightening.
Wide interest rate spreads continued to attract foreign inflows into Brazil.
A firmer real raises the dollar cost of Brazilian exports, which can modestly support world soybean and corn prices.
After 213 past bearish macro events, USDBRL moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +0.9%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.