# Brazil's Real slides past 4.00 to the US dollar as China/US trade dispute escalates — MercoPress

> The Brazilian real weakened past 4.00 per dollar on Monday, trading as low as 4.0043, its weakest since April 25 and about 1% below Friday's close. The move followed China's retaliatory countermeasures to new US tariffs, which sent emerging market currencies lower and wiped out MSCI's 2019 gains in EM currencies. Brazil's central bank survey also trimmed the 2019 growth forecast to 1.45%.

- Date: 2019-05-14 · published 2019-05-14T12:00:00.000Z
- Category: macro · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/59265-brazil-s-real-slides-past-4-00-to-the-us-dollar-as-china-us-trade-dispute
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A weaker real makes Brazilian soybeans and corn cheaper in dollar terms, which can add export competition and pressure global feed grain and soymeal prices. Slower Brazilian growth also dampens domestic demand for feed.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2018-07-19 | [Brazilian Real and Argentine Peso lose ground against the dollar — MercoPress](https://feedsoft.ai/events/64233-brazilian-real-and-argentine-peso-lose-ground-against-the-dollar-mercopress.md) | -3.5% | +1.9% |
| USDBRL | 2020-01-31 | [Coronavirus and current account deficit hit the Brazilian Real against the dollar — MercoPress](https://feedsoft.ai/events/55285-coronavirus-and-current-account-deficit-hit-the-brazilian-real-against-the.md) | +0.2% | +5.4% |
| USDBRL | 2024-11-29 | [What is happening to BRL as the Brazilian Real collapses against the US Dollar](https://feedsoft.ai/events/27617-what-is-happening-to-brl-as-the-brazilian-real-collapses-against-the-us-dollar.md) | +1.7% | +5.6% |
| USDBRL | 2024-01-23 | [Brazil's real weakens past 5.00 per dollar for 1st time since November](https://feedsoft.ai/events/32323-brazil-s-real-weakens-past-5-00-per-dollar-for-1st-time-since-november.md) | -0.8% | -1.0% |
| USDBRL | 2020-10-31 | [Brazil's central bank intervenes twice in the week in support of the weakening Real — MercoPress](https://feedsoft.ai/events/50836-brazil-s-central-bank-intervenes-twice-in-the-week-in-support-of-the-weakening.md) | -5.2% | -9.0% |
| SOY | 2024-01-23 | [Brazil's real weakens past 5.00 per dollar for 1st time since November](https://feedsoft.ai/events/32323-brazil-s-real-weakens-past-5-00-per-dollar-for-1st-time-since-november.md) | -2.5% | -3.7% |
| SOY | 2022-04-21 | [China's yuan slides to 6-month low as tightening prospects help dollar \| Financial Post](https://feedsoft.ai/events/7337-china-s-yuan-slides-to-6-month-low-as-tightening-prospects-help-dollar.md) | -1.2% | -4.8% |
| SOY | 2026-06-02 | [Brazilian Real: Politics drive correction against US Dollar – Commerzbank](https://feedsoft.ai/events/12077-brazilian-real-politics-drive-correction-against-us-dollar-commerzbank.md) | -5.5% | -5.4% |

## Sources

- en.mercopress.com: https://en.mercopress.com/2019/05/14/brazil-s-real-slides-past-4.00-to-the-us-dollar-as-china-us-trade-dispute-escalates

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