# Slower easing cycle may not provide relief for the real | Capital Economics

> Capital Economics expects the Brazilian real to stay under pressure against the dollar over coming quarters even as Brazil's monetary easing cycle slows. The note is an FX market update aimed at Latin America clients.

- Date: 2024-05-09 · published 2024-05-09T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/30476-slower-easing-cycle-may-not-provide-relief-for-the-real-capital-economics
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A persistently weaker real favors Brazilian agricultural exports on price, which can cap US export demand and pressure global soymeal and corn prices.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2021-02-23 | [USD/BRL: Brazilian real set to depreciate modestly versus the dollar over the next year – Capital Economics — Octa](https://feedsoft.ai/events/48849-usd-brl-brazilian-real-set-to-depreciate-modestly-versus-the-dollar-over-the.md) | +1.7% | +1.0% |
| USDBRL | 2024-07-15 | [Brazil: the real economy and markets - the quest for synchronicity](https://feedsoft.ai/events/29481-brazil-the-real-economy-and-markets-the-quest-for-synchronicity.md) | +1.9% | +1.0% |
| USDBRL | 2022-06-21 | [Further Weakening Of Brazilian Real!? FX Forecasts: USD To BRL, USD To MXN & USD/CLP \| ING Economics \| FXMAG.COM](https://feedsoft.ai/events/41150-further-weakening-of-brazilian-real-fx-forecasts-usd-to-brl-usd-to-mxn-and-usd.md) | +1.3% | +4.9% |
| USDBRL | 2024-01-30 | [Foreign capital inflows unlikely to make real much stronger, Citi says](https://feedsoft.ai/events/32324-foreign-capital-inflows-unlikely-to-make-real-much-stronger-citi-says.md) | +1.2% | +0.0% |
| USDBRL | 2020-03-19 | [Why the U.S. dollar’s relentless rally is causing pain for emerging markets - MarketWatch](https://feedsoft.ai/events/7018-why-the-u-s-dollar-s-relentless-rally-is-causing-pain-for-emerging-markets.md) | -1.1% | +2.8% |

## Sources

- capitaleconomics.com: https://www.capitaleconomics.com/publications/fx-markets-update/slower-easing-cycle-may-not-provide-relief-real

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