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The Brazilian real opened the week at 5.379 per dollar and closed Friday at 5.344, up 1.1% on the week. The dollar index rose to 93.3 for a third straight weekly gain.
Analysts flagged a possible US government shutdown and uncertainty over Evergrande as risks to emerging-market assets.
A weaker real raises the BRL cost of Brazilian soybean and corn exports, which can support dollar-denominated prices for farmers. Global risk-off moves can also pull on commodity prices.
stonex.comStoneX Intelligence BrazilSep 27, 2021After 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.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
