USDBRL should reflect monetary policy decisions from Brazil, the US, Japan, and England and data for the US and China

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.

• May 31, 2023USD/BRL: Real weakness could hasten if government tries to influence monetary policy – Commerzbank: Analytics and Market news from 31 May 2023 14:41-3.0%
• Sep 23, 2024Dollar rises more than 1% at the start of a week marked by inflation data in Brazil and the US | Brasil 247-1.1%
• Jul 1, 2024Brazil's central bank director says expansionary fiscal policy harms disinflation-1.8%
• Feb 19, 2019Latam FX weak, Brazil's real drops ahead of pension reform plans - Pension Policy International+1.4%
• Jul 15, 2024Brazil: the real economy and markets - the quest for synchronicity+1.9%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Jun 2, 2022An Update on the Economy and Monetary Policy-0.3%
• Apr 4, 2023Lisa D Cook: The US economic outlook and monetary policy+0.4%
• Dec 18, 2018Fed’s policy decisions have a deep impact in emerging markets - The Globe and Mail-0.2%
• Oct 11, 2022An Update on the Economy and Monetary Policy: Perseverance in Returning to Price Stability+0.3%
• Jan 30, 2025COMMENT-ECB, data set the stage for lower EUR/USD as tariff decision looms-0.3%