# 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.

- Date: 2020-06-29 · published 2020-06-29T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/52813-brazilian-real-strengthens-on-em-risk-appetite-falling-covid-19-cases
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## 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.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2025-12-03 | [Brazilian Real Strengthens for 2nd Session](https://feedsoft.ai/events/8058-brazilian-real-strengthens-for-2nd-session.md) | +1.8% | +2.5% |
| USDBRL | 2025-09-18 | [Brazilian Real Strengthens to Over 1-Year High](https://feedsoft.ai/events/23089-brazilian-real-strengthens-to-over-1-year-high.md) | +0.2% | +2.4% |
| USDBRL | 2026-09-25 | [Brazilian Real Strengthens Following Inflation Data — TradingView News](https://feedsoft.ai/events/17668-brazilian-real-strengthens-following-inflation-data-tradingview-news.md) | +0.7% | -3.0% |
| USDBRL | 2019-01-29 | [Brazilian real likely to strengthen further \| Lombard Odier](https://feedsoft.ai/events/61297-brazilian-real-likely-to-strengthen-further-lombard-odier.md) | -2.5% | -0.7% |
| USDBRL | 2017-01-17 | [Brazil real strengthens 1 pct as central bank resumes intervention](https://feedsoft.ai/events/73168-brazil-real-strengthens-1-pct-as-central-bank-resumes-intervention.md) | -1.2% | -3.1% |

## Sources

- fxdailyreport.com: https://fxdailyreport.com/brazilian-real-strengthens-on-em-risk-appetite-falling-covid-19-cases/

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