◂ Event Timeline

Sep 23, 2024MACROBrazil

Dollar rises more than 1% at the start of a week marked by inflation data in Brazil and the US

The dollar rose over 1% against the real on September 23, 2024, to around 5.577 reais, as investors reduced risk ahead of inflation data from Brazil and the US. The move reversed part of the prior week's gains that followed the Fed's rate cut.

WHY IT MATTERS

A firmer dollar against the real makes Brazilian soybeans and corn cheaper for buyers in dollar terms, which can weigh on world feed prices.

AFFECTSBrazilian Real (BRL per USD)▲

SOURCE
en.brasil247.comRedação Brasil 247Sep 23, 2024

Price reaction & history

Brazilian Real (BRL per USD)▲bullishSO FAR1d +0.8%5d -1.1%20d +3.9%

After 301 past bullish macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.

Nov 19, 2025Dollar rises in the Brazilian market following international movement | Brasil 247+1.3%
Oct 30, 2025Dollar rises against the real, still influenced by Fed decision | Brasil 247+0.2%
Jan 22, 2021Latam FX falls as dollar rises, Brazil real lags peers for the week - Markets - Business Recorder+0.4%
May 31, 2024Dollar surpasses R$ 5,25 as battle over Ptax rate overshadows international markets | Brasil 247+1.0%
Jul 28, 2025Dollar approaches R$5,60 again, driven by external factors after agreement between the US and EU | Brasil 247-0.4%

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.

Brazilian Real (BRL per USD) USDBRL · GP ▸

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