# USDBRL should reflect US data, IPCA-15, and the economic agenda in Congress.

> A weekly outlook notes that November Brazilian IPCA-15 inflation may accelerate slightly, while progress on government economic agendas in Congress could ease fiscal risk perceptions. US economic data may reinforce expectations that the Federal Reserve will not raise rates further. The week was thin on liquidity due to holidays and the real traded within narrow ranges.

- Date: 2023-11-28 · published 2023-11-28T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/33376-usdbrl-should-reflect-us-data-ipca-15-and-the-economic-agenda-in-congress
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Currency moves in the real affect the local cost of Brazilian exports, so a firmer or weaker real can shift export pricing for soybeans, corn and meal at the margin.

## Read by commodity

- USDBRL: neutral

## Sources

- forex.com: https://www.forex.com/en-us/news-and-analysis/brazilian-fx-outlook-nov-27/

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