# FX Weekly Summary (Brazil Issue)

> StoneX's weekly Brazil FX outlook says the dollar will reflect inflation in Brazil and the US and the credibility of fiscal and monetary policy. Bearish factors include possible Fed rate cuts, while bullish factors include fiscal risk from Brazil's 2025 budget breakdown. The week saw strong currency volatility driven by shifting risk appetite.

- Date: 2024-08-26 · published 2024-08-26T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/29020-fx-weekly-summary-brazil-issue
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Expectations of a firmer dollar against the real would raise Brazilian export commodity costs in dollar terms, while a weaker dollar would support Brazilian farm margins and export competitiveness.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2022-06-10 | [FX Weekly Summary (Brazil Issue)](https://feedsoft.ai/events/11314-fx-weekly-summary-brazil-issue.md) | +3.4% | +9.3% |
| USDBRL | 2022-04-29 | [FX Weekly Summary (Brazil Issue)](https://feedsoft.ai/events/42055-fx-weekly-summary-brazil-issue.md) | +1.0% | -4.3% |
| USDBRL | 2022-10-03 | [FX Weekly Summary (Brazil Issue)](https://feedsoft.ai/events/7983-fx-weekly-summary-brazil-issue.md) | -3.4% | -2.9% |
| USDBRL | 2024-02-14 | [FX Weekly Summary (Brazil Issue)](https://feedsoft.ai/events/31877-fx-weekly-summary-brazil-issue.md) | -0.5% | +0.5% |
| USDBRL | 2022-07-29 | [FX Weekly Summary (Brazil Issue)](https://feedsoft.ai/events/40695-fx-weekly-summary-brazil-issue.md) | +0.0% | -1.9% |

## Sources

- stonex.com: https://www.stonex.com/en/insights/fx-weekly-summary-brazil-issue-1518192/

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