# Brazilian real leads gains among Latam FX | Financial Post

> Brazil's real rose 1.3% against the dollar on Thursday and was on course for its biggest weekly gain among major Latam peers. Brazilian industrial confidence rose in May for the first time in five months, but unemployment hit a record 14.7% in the quarter to March.

- Date: 2021-05-27 · published 2021-05-27T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/47313-brazilian-real-leads-gains-among-latam-fx-financial-post
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A firmer real makes dollar-priced Brazilian exports such as soybeans, corn and meal less competitive in the short term, which can ease US futures. The move is driven by currency flows rather than a change in crop or export supply.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| 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 | 2021-05-27 | [Brazil real up; Most Latam FX pressured by rising U.S. bond yields \| Financial Post](https://feedsoft.ai/events/47312-brazil-real-up-most-latam-fx-pressured-by-rising-u-s-bond-yields-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 | 2026-07-29 | [Brazilian Real Gains as Fed Holds Rates](https://feedsoft.ai/events/18564-brazilian-real-gains-as-fed-holds-rates.md) | -0.0% | +0.7% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/brazilian-real-leads-gains-among-latam-fx

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