# Latam markets subdued as trade woes persist | Financial Post

> Latin American currencies edged down 0.3% on Monday as the dollar firmed amid concerns over the US-China trade dispute and a global slowdown. The index was on track for its worst quarter since June 2018, with the Argentine peso down nearly a third and the Brazilian real and Colombian peso each down about 7%.

- Date: 2019-09-30 · published 2019-09-30T12:00:00.000Z
- Category: macro · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/57337-latam-markets-subdued-as-trade-woes-persist-financial-post
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and weaker Latam currencies make South American feed exports cheaper in dollar terms, which can support soymeal and corn export flows, while currency stress in Brazil and Argentina weighs on farmer selling decisions.

## Read by commodity

- DXY: bullish ▲
- USDARS: bullish ▲
- USDBRL: bullish ▲
- USDCOP: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2021-09-14 | [Latam FX falls as U.S. inflation optimism fizzles out \| Financial Post](https://feedsoft.ai/events/45291-latam-fx-falls-as-u-s-inflation-optimism-fizzles-out-financial-post.md) | +2.3% | +6.2% |
| USDBRL | 2022-12-14 | [Latam FX slides ahead of U.S. Fed decision, unrest in Peru weighs \| Financial Post](https://feedsoft.ai/events/38512-latam-fx-slides-ahead-of-u-s-fed-decision-unrest-in-peru-weighs-financial-post.md) | -1.3% | -3.0% |
| USDBRL | 2020-10-29 | [Latam FX fails to shake off virus, election worries \| Financial Post](https://feedsoft.ai/events/50920-latam-fx-fails-to-shake-off-virus-election-worries-financial-post.md) | -1.5% | -6.3% |
| USDBRL | 2020-03-18 | [Brazil central bank wades into FX, bond markets but real slump accelerates \| Financial Post](https://feedsoft.ai/events/54309-brazil-central-bank-wades-into-fx-bond-markets-but-real-slump-accelerates.md) | +1.1% | +3.8% |
| USDBRL | 2023-01-19 | [Mexican peso leads LatAm FX lower as recession fears grow - Financial Post](https://feedsoft.ai/events/37997-mexican-peso-leads-latam-fx-lower-as-recession-fears-grow-financial-post.md) | -0.8% | +1.7% |
| DXY | 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) | +2.0% | +1.8% |
| DXY | 2022-01-27 | [Strong dollar hits Latam FX, Russian assets rise \| Financial Post](https://feedsoft.ai/events/43348-strong-dollar-hits-latam-fx-russian-assets-rise-financial-post.md) | +0.1% | +0.7% |
| DXY | 2020-10-29 | [Latam FX fails to shake off virus, election worries \| Financial Post](https://feedsoft.ai/events/50920-latam-fx-fails-to-shake-off-virus-election-worries-financial-post.md) | -0.5% | -2.2% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/latam-markets-subdued-as-trade-woes-persist

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