EMERGING MARKETS-Brazil's real sinks 4%, other FX rally on dollar weakness

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.

• Aug 30, 2023EMERGING MARKETS-Latin American currencies up on weaker dollar; Brazil's real lags on rate-cut speculation+1.3%
• Feb 13, 2023EMERGING MARKETS-Brazilian real leads Latam FX higher as dollar slips | Kitco News+0.3%
• Jul 24, 2020EMERGING MARKETS-Brazil's real hits one-month high, stimulus hopes lift mood-0.6%
• Nov 6, 2017U.S. Dollar Slides Against Emerging Markets on Low Yields - WSJ-0.1%
• Nov 28, 2024Euro jump, rising yen put brakes on the dollar - Markets - Business Recorder-0.3%

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.

• Mar 19, 2020Why the U.S. dollar’s relentless rally is causing pain for emerging markets - MarketWatch-1.1%
• May 2, 2023EMERGING MARKETS-Brazil's real leads Latam FX down, stocks near one-month low | Kitco News+0.1%
• Jan 22, 2021Latam FX falls as dollar rises, Brazil real lags peers for the week - Markets - Business Recorder+0.4%
• Sep 27, 2022EMERGING MARKETS-Buoyant dollar weighs on Latam FX; stocks slide - Monex USA-3.9%
• Apr 25, 2023EMERGING MARKETS-Mexico's peso falls on growth worries, stronger dollar-1.3%