Latam FX, stocks rally as dollar dogged by election jitters

Not enough comparable past events yet for a historical read.

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Jan 27, 2023Stocks, dollar gain on allure of Fed soft landing | Reuters-0.6%
• Feb 1, 2023Stocks rally, dollar slumps after Fed statement, Powell remarks | Reuters+1.1%
• Sep 12, 2022Latam currencies rally as dollar weakens ahead of U.S. inflation data+0.9%
• Sep 30, 2020Latam FX rise as dollar steadies; Mexican peso shines-1.1%
• Nov 25, 2024Dollar eases as Treasuries rally on Bessent Treasury nomination | Reuters-0.3%

After 213 past bearish macro events, Brazilian Real (BRL per USD) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +0.9%), and +0.2% over 20.

• Sep 12, 2022Latam currencies rally as dollar weakens ahead of U.S. inflation data+2.6%
• Sep 30, 2020Latam FX rise as dollar steadies; Mexican peso shines-2.3%
• Dec 4, 2018Brazil stocks gain; real firms as U.S. dollar weakens+2.1%
• Jul 2, 2021Latam FX rallies as US jobs data dents dollar; Colombia hit by downgrade - Markets - Business Recorder+4.4%
• Apr 11, 2023Latam FX at 5-year high as dollar dips ahead of U.S. inflation data | Financial Post-2.7%