EMERGING MARKETS-Latin American currencies up on weaker dollar; Brazil's real lags on rate-cut speculation

After 92 past neutral macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +0.4% over 20.

• Sep 26, 2023EMERGING MARKETS-Brazil's real steady after inflation data, Hungary trims interest rates+2.3%
• Aug 9, 2018Turkish Lira Crashes, But Are Emerging Currencies (Mexican Peso, Brazilian Real) Improving?+4.5%
• Dec 8, 2023EMERGING MARKETS-Colombian peso up after inflation data; Latam FX, stocks slip on the week-0.1%
• Nov 21, 2019EMERGING MARKETS-Latam FX muted after mixed signals on trade; Brazil stocks gain+1.5%
• Feb 26, 2021Brazil intervenes in FX markets to arrest real's fall — Octa+1.4%

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Nov 10, 2022EMERGING MARKETS-Brazil's real sinks 4%, other FX rally on dollar weakness-1.6%
• Jul 31, 2024Latin American Stocks And Currencies Climb On Oil Rebound And Weak Dollar - Finimize-0.5%
• Mar 20, 2023EMERGING MARKETS-Latam currencies rise against soft dollar | Kitco News-0.9%
• Feb 13, 2023EMERGING MARKETS-Brazilian real leads Latam FX higher as dollar slips | Kitco News+0.3%
• Sep 12, 2022Latam currencies rally as dollar weakens ahead of U.S. inflation data+0.9%