Brazilian real strengthens as U.S. signals softer tariff stance

After 52 past trade events, Brazilian Real (BRL per USD) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.8%), and +0.9% over 20.

• Apr 3, 2025Brazilian Real at Over 5-Month Highs+6.2%
• Apr 3, 2025Brazil may emerge as winner from sweeping US tariffs, economists say | Reuters+6.2%
• Oct 19, 2020Real up as Brazil, U.S. reinforce trade ties; China data lifts mood | Financial Post-0.2%
• Oct 13, 2025Dollar falls against the real on a day of adjustments after Trump tones down his rhetoric on China | Brasil 247-2.1%
• Oct 29, 2018China & Brazil: Currencies on Diverging Paths?+0.7%

After 39 past bearish trade events, US Dollar (Broad) moved a median -0.4% over 5 sessions (26% higher; middle half -1.1% to +0.0%), and -0.8% over 20.

• Mar 3, 2018Rupiah Expected to Strengthen after Trump Imposes Steel Tariffs | Indonesia Investments-0.6%
• Jan 20, 2025Dollar tumbles as Trump team signals no immediate tariffs-1.1%
• Feb 23, 2026Asia FX gains as tariff concerns hurt dollar; AI-led stocks hit records | Reuters-0.1%
• Feb 2, 2025Dollar lower after U.S. tariffs on Mexico paused for a month-0.0%
• Feb 20, 2026Dollar dips after Supreme Court rules against Trump's tariffs | Reuters-0.3%