# Latin American assets rally on Fed cut, Brazil's cenbank maintains pause | Reuters

> Latin American assets rallied on Thursday after the Federal Reserve cut rates, and Brazil's real led gains, rising 1.2% against the dollar. Brazil's central bank kept its benchmark rate at a near two-decade high and maintained its hawkish tone.

- Date: 2025-12-11 · published 2025-12-11T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/21716-latin-american-assets-rally-on-fed-cut-brazil-s-cenbank-maintains-pause-reuters
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar after the Fed cut tends to support dollar-priced commodities and makes Brazilian exports more costly in local currency terms only modestly. The hawkish Brazilian stance limits currency-driven shifts in soybean and meal export pricing.

## Read by commodity

- DXY: bearish ▼
- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2022-10-31 | [Brazilian assets rally in volatile session after Lula elected president](https://feedsoft.ai/events/39342-brazilian-assets-rally-in-volatile-session-after-lula-elected-president.md) | -5.8% | -1.1% |
| USDBRL | 2018-11-16 | [Brazil gains on Bolsonaro's choice to head central bank, Mexican peso falls](https://feedsoft.ai/events/62252-brazil-gains-on-bolsonaro-s-choice-to-head-central-bank-mexican-peso-falls.md) | +1.0% | +2.9% |
| USDBRL | 2022-06-29 | [Fed rate hike bets hit Latam assets; Brazil's real jumps \| Financial Post](https://feedsoft.ai/events/41148-fed-rate-hike-bets-hit-latam-assets-brazil-s-real-jumps-financial-post.md) | +3.9% | +0.8% |
| USDBRL | 2017-04-17 | [EMERGING MARKETS-Brazil real jumps on central bank intervention](https://feedsoft.ai/events/71706-emerging-markets-brazil-real-jumps-on-central-bank-intervention.md) | +0.1% | -0.8% |
| USDBRL | 2023-09-18 | [Most Latin American currencies up ahead of central bank policy decisions](https://feedsoft.ai/events/34396-most-latin-american-currencies-up-ahead-of-central-bank-policy-decisions.md) | +0.9% | +3.9% |
| DXY | 2023-08-30 | [EMERGING MARKETS-Latin American currencies up on weaker dollar; Brazil's real lags on rate-cut speculation](https://feedsoft.ai/events/34788-emerging-markets-latin-american-currencies-up-on-weaker-dollar-brazil-s-real.md) | +1.3% | +2.3% |
| DXY | 2023-11-24 | [Gold leaps above $2,000 as dollar weakens on Fed pause bets \| Reuters](https://feedsoft.ai/events/33076-gold-leaps-above-2-000-as-dollar-weakens-on-fed-pause-bets-reuters.md) | -0.4% | -1.1% |
| DXY | 2025-02-11 | [Dollar falls as tariff concerns ease, Fed's Powell stays patient on rate cuts \| Reuters](https://feedsoft.ai/events/25966-dollar-falls-as-tariff-concerns-ease-fed-s-powell-stays-patient-on-rate-cuts.md) | -1.0% | -2.0% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/latam-currencies-rally-fed-cut-brazils-real-leads-gains-2025-12-11/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.