◂ Event Timeline

Jun 29, 2020MACROBrazil

Brazilian Real Strengthens on EM Risk Appetite, Falling COVID-19 Cases

The Brazilian real strengthened at the start of the week of June 29 as emerging-market risk appetite improved. Investors pointed to signs that daily COVID-19 infections in the Americas may be peaking.

WHY IT MATTERS

A stronger real lowers the local cost of Brazilian grain and meal exports, which can weigh on world dollar prices for soy complex products.

AFFECTSUSDBRL▼

SOURCE
fxdailyreport.comDaffa ZakyJun 29, 2020

Price reaction & history

USDBRL▼bearishSO FAR1d -0.1%5d -2.8%20d -5.2%

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

Dec 3, 2025Brazilian Real Strengthens for 2nd Session+1.8%
Sep 18, 2025Brazilian Real Strengthens to Over 1-Year High+0.2%
Sep 25, 2026Brazilian Real Strengthens Following Inflation Data — TradingView News+0.7%
Jan 29, 2019Brazilian real likely to strengthen further | Lombard Odier-2.5%
Jan 17, 2017Brazil real strengthens 1 pct as central bank resumes intervention-1.2%

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.

USDBRL · GP ▸

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