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Brazil's real has weakened as foreign investors shift toward dollar and yen funding to buy local bonds, with the benchmark rate at 4.5% and inflation at 4.3%. Mexican assets are now attracting more Wall Street interest.
Currency and rate moves in Brazil affect the cost of Brazilian export commodities, though this piece focuses on investment flows rather than farm supply.
forbes.comKenneth RapozaJan 20, 2020After 301 past bullish macro events, Brazilian Real (BRL per USD) moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.
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.
