# Brazil real up; Most Latam FX pressured by rising U.S. bond yields | Financial Post

> Brazil's real rose 0.4% and was set for its biggest weekly gain among major Latam currencies, while most other Latin American currencies weakened as U.S. Treasury yields rose on reports of a $6 trillion US budget. Peru's sol stayed near all-time lows ahead of a polarized presidential runoff, and Mexico's peso was supported by falling oil prices.

- Date: 2021-05-27 · published 2021-05-27T12:00:00.000Z
- Category: macro · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/47312-brazil-real-up-most-latam-fx-pressured-by-rising-u-s-bond-yields-financial-post
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A stronger real lowers the BRL cost of dollar-priced commodities, which can encourage Brazilian export selling of soy, corn and meal and modestly weigh on US futures. Rising US yields and a firmer dollar tend to pressure emerging-market currencies, so the move is a short-term background factor rather than a supply shift.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2021-05-27 | [Brazilian real leads gains among Latam FX \| Financial Post](https://feedsoft.ai/events/47313-brazilian-real-leads-gains-among-latam-fx-financial-post.md) | -4.3% | -7.3% |
| 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% |
| USDBRL | 2023-04-20 | [Latam FX higher against soft dollar, Brazil real snaps 3-day losing streak \| Financial Post](https://feedsoft.ai/events/36623-latam-fx-higher-against-soft-dollar-brazil-real-snaps-3-day-losing-streak.md) | -0.0% | -2.2% |
| USDBRL | 2022-11-11 | [Latam FX mixed; Brazil's real rebounds after bruising sell-off](https://feedsoft.ai/events/38884-latam-fx-mixed-brazil-s-real-rebounds-after-bruising-sell-off.md) | +0.9% | +0.1% |
| USDBRL | 2022-05-19 | [Brazilian real leads Latam currencies higher on China lockdown easing \| Financial Post](https://feedsoft.ai/events/41606-brazilian-real-leads-latam-currencies-higher-on-china-lockdown-easing-financial.md) | -2.5% | +1.6% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/brazil-real-up-most-latam-fx-pressured-by-rising-u-s-bond-yields

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