# Brazil's real, Colombian peso jump as Fed dents dollar

> Most Latin American currencies and stocks rallied on Thursday, with Brazil's real extending gains for a fourth session as the dollar weakened after Federal Reserve Chair Jerome Powell maintained a dovish stance. MSCI's Latam currency index rose 1.4%, its best session in 12 weeks. Brazil's real hit two-week highs, though COVID-19 infections and political tensions limited gains.

- Date: 2021-07-29 · published 2021-07-29T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/46262-brazil-s-real-colombian-peso-jump-as-fed-dents-dollar
- 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 weaker dollar and firmer real generally lift dollar-denominated commodity prices in the short term while making Brazilian exports costlier, so the move is a modest macro influence on feed ingredient values.

## Read by commodity

- DXY: bearish ▼
- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-07-05 | [Colombian Peso Strengthens as US Dollar Continues to Decline](https://feedsoft.ai/events/24064-colombian-peso-strengthens-as-us-dollar-continues-to-decline.md) | +0.6% | +1.7% |
| DXY | 2018-12-04 | [Brazil stocks gain; real firms as U.S. dollar weakens](https://feedsoft.ai/events/61764-brazil-stocks-gain-real-firms-as-u-s-dollar-weakens.md) | +0.7% | -0.4% |
| DXY | 2020-11-23 | [Dollar deposits jump as punters bet on currency's rebound](https://feedsoft.ai/events/50396-dollar-deposits-jump-as-punters-bet-on-currency-s-rebound.md) | -0.6% | -1.1% |
| DXY | 2026-01-28 | [Brazilian real leads global rally as dollar extends sharp decline](https://feedsoft.ai/events/21252-brazilian-real-leads-global-rally-as-dollar-extends-sharp-decline.md) | +0.4% | +0.3% |
| DXY | 2022-12-07 | [Gold jumps 1% as U.S. dollar, yields slip on Fed slowdown bets](https://feedsoft.ai/events/38161-gold-jumps-1-as-u-s-dollar-yields-slip-on-fed-slowdown-bets.md) | -1.0% | -0.7% |
| USDBRL | 2022-11-01 | [Brazil's real jumps as presidential transition to begin, Colombia's peso at record low \| Financial Post](https://feedsoft.ai/events/38952-brazil-s-real-jumps-as-presidential-transition-to-begin-colombia-s-peso-at.md) | -2.4% | +0.2% |
| USDBRL | 2018-12-04 | [Brazil stocks gain; real firms as U.S. dollar weakens](https://feedsoft.ai/events/61764-brazil-stocks-gain-real-firms-as-u-s-dollar-weakens.md) | +2.1% | -3.1% |
| USDBRL | 2022-06-29 | [Fed rate hike bets hit Latam assets; Brazil's real jumps \| Financial Post](https://feedsoft.ai/events/41148-fed-rate-hike-bets-hit-latam-assets-brazil-s-real-jumps-financial-post.md) | +3.9% | +0.8% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/brazils-real-colombian-peso-jump-as-fed-dents-dollar

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