# Dollar drops to two-month low - ANBA News Agency

> The US dollar fell 1.04% to BRL 3.715 on 4 January, its lowest since November 2018, and dropped 4.15% over the week. The move followed Federal Reserve Chair Jerome Powell's comments that the Fed stands ready to shift policy if needed.

- Date: 2019-01-04 · published 2019-01-04T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/61299-dollar-drops-to-two-month-low-anba-news-agency
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and stronger real reduce the local-currency cost of US exports to Brazil and make Brazilian exports dearer, a mix that tends to be mildly supportive for US feed grains and meal pricing.

## Read by commodity

- DXY: bearish ▼
- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2018-08-30 | [Dollar climbs and Central Bank intervenes - ANBA News Agency](https://feedsoft.ai/events/63748-dollar-climbs-and-central-bank-intervenes-anba-news-agency.md) | +0.6% | -3.0% |
| USDBRL | 2026-10-07 | [Dollar drops below 5 reais as Brazil's right-wing surge reshuffles markets \| 24EcoNews](https://feedsoft.ai/events/4936-dollar-drops-below-5-reais-as-brazil-s-right-wing-surge-reshuffles-markets.md) | +1.3% | — |
| USDBRL | 2021-10-14 | [Why a top currency strategist decided now is the time to sell the dollar](https://feedsoft.ai/events/44746-why-a-top-currency-strategist-decided-now-is-the-time-to-sell-the-dollar.md) | -0.1% | -1.5% |
| USDBRL | 2023-03-20 | [EMERGING MARKETS-Latam currencies rise against soft dollar \| Kitco News](https://feedsoft.ai/events/37068-emerging-markets-latam-currencies-rise-against-soft-dollar-kitco-news.md) | -0.6% | -6.5% |
| USDBRL | 2017-11-06 | [U.S. Dollar Slides Against Emerging Markets on Low Yields - WSJ](https://feedsoft.ai/events/68183-u-s-dollar-slides-against-emerging-markets-on-low-yields-wsj.md) | -0.4% | -2.2% |
| DXY | 2023-12-08 | [Dollar drops to one-week low against dong VnExpress News](https://feedsoft.ai/events/33028-dollar-drops-to-one-week-low-against-dong-vnexpress-news.md) | -0.9% | -1.1% |
| DXY | 2023-11-20 | [Dollar stumbles to over two-month low as markets eye Fed cuts](https://feedsoft.ai/events/12032-dollar-stumbles-to-over-two-month-low-as-markets-eye-fed-cuts.md) | -0.6% | -0.8% |
| DXY | 2019-06-20 | [Won soars vs. dollar \| Yonhap News Agency](https://feedsoft.ai/events/58825-won-soars-vs-dollar-yonhap-news-agency.md) | -1.1% | -0.8% |

## Sources

- anba.com.br: https://anba.com.br/en/dollar-drops-to-two-month-low/

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