# EMERGING MARKETS - Latam FX slips after bruising selloff, Peru's sol rises - Monex USA

> Latin American currencies slipped on June 14 after a weak start to the week, pressured by inflation worries and slowing global growth ahead of an expected three-quarter-point Fed hike. Peru's sol rose ahead of the restart of the Las Bambas copper mine under a truce starting June 15. Brazil's real fell 0.5% near one-month lows after weak April services data.

- Date: 2022-06-15 · published 2022-06-15T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/41237-emerging-markets-latam-fx-slips-after-bruising-selloff-peru-s-sol-rises-monex
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A stronger dollar and weaker Brazilian real make Brazilian soybean and corn exports cheaper in dollar terms, which can pressure global feed grain and meal prices. Risk-off moves in emerging markets also weigh on demand sentiment.

## Read by commodity

- DXY: bullish ▲
- SBM: neutral
- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2022-09-27 | [EMERGING MARKETS-Buoyant dollar weighs on Latam FX; stocks slide - Monex USA](https://feedsoft.ai/events/39791-emerging-markets-buoyant-dollar-weighs-on-latam-fx-stocks-slide-monex-usa.md) | -3.9% | -1.9% |
| USDBRL | 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) | +2.2% | -0.3% |
| USDBRL | 2018-05-18 | [EMERGING MARKETS-Brazil real slumps despite intervention amid emerging market selloff](https://feedsoft.ai/events/9713-emerging-markets-brazil-real-slumps-despite-intervention-amid-emerging-market.md) | -1.8% | +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 | 2026-08-28 | [Emerging Markets-Latam markets slip as Warsh remarks lift Fed hike bets - ILF News \| Rallies](https://feedsoft.ai/events/18165-emerging-markets-latam-markets-slip-as-warsh-remarks-lift-fed-hike-bets-ilf.md) | -1.2% | +0.4% |
| DXY | 2022-09-27 | [EMERGING MARKETS-Buoyant dollar weighs on Latam FX; stocks slide - Monex USA](https://feedsoft.ai/events/39791-emerging-markets-buoyant-dollar-weighs-on-latam-fx-stocks-slide-monex-usa.md) | -1.1% | -0.8% |
| 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 | 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% |

## Sources

- monexusa.com: https://monexusa.com/in-the-news/emerging-markets-latam-fx-slips-after-bruising-selloff-perus-sol-rises/

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