# Outlook for the Brazilian Real and the real economy

> A Forex.com outlook on the Brazilian real lists bullish and bearish factors including Copom minutes, US consumer inflation and Brazilian economic data. The article notes the USD/BRL ended the week higher.

- Date: 2023-08-07 · published 2023-08-07T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/34792-outlook-for-the-brazilian-real-and-the-real-economy
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Movements in the real shift the dollar cost of Brazilian soybean and corn exports, which can influence global feed grain pricing at the margin.

## Read by commodity

- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2020-09-16 | [USD/BRL: BCB unable to support the Brazilian real - TDS - Forex Crunch](https://feedsoft.ai/events/51309-usd-brl-bcb-unable-to-support-the-brazilian-real-tds-forex-crunch.md) | +3.5% | +5.6% |
| USDBRL | 2026-03-19 | [Brazilian Real Steady After Copom](https://feedsoft.ai/events/20384-brazilian-real-steady-after-copom.md) | +0.3% | -3.9% |
| USDBRL | 2025-03-21 | [Foreign bets against Brazilian real drop $35bn in three months](https://feedsoft.ai/events/25805-foreign-bets-against-brazilian-real-drop-35bn-in-three-months.md) | +1.1% | +2.8% |
| USDBRL | 2026-06-24 | [Brazilian Real: LatAm policy paths and FX levels – Societe Generale](https://feedsoft.ai/events/19020-brazilian-real-latam-policy-paths-and-fx-levels-societe-generale.md) | -0.3% | -2.4% |
| USDBRL | 2026-08-19 | [Brazilian Real: Election risks then renewed gains – Commerzbank](https://feedsoft.ai/events/18107-brazilian-real-election-risks-then-renewed-gains-commerzbank.md) | -1.1% | -1.2% |

## Sources

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

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