# EMERGING MARKETS-Buoyant dollar weighs on Latam FX; stocks slide - Monex USA

> Latin American currencies fell to their lowest in more than seven weeks on September 26 as traders moved into the US dollar, which neared two-decade highs. Regional stocks slid on weak commodity prices and economic slowdown concerns, and sterling hit a record low on UK fiscal worries.

- Date: 2022-09-27 · published 2022-09-27T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/39791-emerging-markets-buoyant-dollar-weighs-on-latam-fx-stocks-slide-monex-usa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A broadly strong dollar and weak commodity prices pressure dollar-denominated feed commodity prices and make Latin American exports less attractive to buyers using other currencies. Weak resource currencies can also signal weaker demand for commodities.

## Read by commodity

- DXY: bullish ▲
- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-12-08 | [EMERGING MARKETS-Colombian peso up after inflation data; Latam FX, stocks slip on the week](https://feedsoft.ai/events/32984-emerging-markets-colombian-peso-up-after-inflation-data-latam-fx-stocks-slip-on.md) | -0.9% | -1.1% |
| DXY | 2022-06-15 | [EMERGING MARKETS - Latam FX slips after bruising selloff, Peru's sol rises - Monex USA](https://feedsoft.ai/events/41237-emerging-markets-latam-fx-slips-after-bruising-selloff-peru-s-sol-rises-monex.md) | -0.9% | +2.0% |
| DXY | 2023-02-02 | [EMERGING MARKETS-Latam FX come off multi-year highs as dollar firms \| Kitco News](https://feedsoft.ai/events/37616-emerging-markets-latam-fx-come-off-multi-year-highs-as-dollar-firms-kitco-news.md) | +1.3% | +2.1% |
| DXY | 2023-04-17 | [EMERGING MARKETS-Peru's sol outpaces Latam FX, firm dollar caps gains \| Kitco News](https://feedsoft.ai/events/36695-emerging-markets-peru-and-apos-s-sol-outpaces-latam-fx-firm-dollar-caps-gains.md) | +0.4% | +0.4% |
| DXY | 2017-11-01 | [U.S. Stocks Rise With Dollar on Fed Economy Views: Markets Wrap - Bloomberg](https://feedsoft.ai/events/68153-u-s-stocks-rise-with-dollar-on-fed-economy-views-markets-wrap-bloomberg.md) | +0.1% | -1.2% |
| USDBRL | 2023-05-02 | [EMERGING MARKETS-Brazil's real leads Latam FX down, stocks near one-month low \| Kitco News](https://feedsoft.ai/events/36149-emerging-markets-brazil-and-apos-s-real-leads-latam-fx-down-stocks-near-one.md) | +0.1% | +1.5% |
| USDBRL | 2022-06-15 | [EMERGING MARKETS - Latam FX slips after bruising selloff, Peru's sol rises - Monex USA](https://feedsoft.ai/events/41237-emerging-markets-latam-fx-slips-after-bruising-selloff-peru-s-sol-rises-monex.md) | +0.4% | +5.6% |
| USDBRL | 2022-11-10 | [EMERGING MARKETS-Brazil's real sinks 4%, other FX rally on dollar weakness](https://feedsoft.ai/events/38888-emerging-markets-brazil-s-real-sinks-4-other-fx-rally-on-dollar-weakness.md) | +6.0% | +1.7% |

## Sources

- monexusa.com: https://monexusa.com/in-the-news/emerging-markets-buoyant-dollar-weighs-on-latam-fx-stocks-slide/

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