# Brazilian Real and Argentine Peso lose ground against the dollar — MercoPress

> Latin American currencies fell against the dollar on Wednesday, with the Brazilian real and Argentine peso among the weaker, as traders reacted to Fed comments that supported further US rate increases. Brazil's October presidential election kept traders cautious on the real.

- Date: 2018-07-19 · published 2018-07-19T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/64233-brazilian-real-and-argentine-peso-lose-ground-against-the-dollar-mercopress
- 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 firmer dollar and weaker real lower the cost of Brazilian grain and meal exports, which can pressure global soybean and corn prices while Brazil remains a major supplier.

## Read by commodity

- DXY: bullish ▲
- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-06-06 | [Brazilian currency drops against the US dollar \| AP News](https://feedsoft.ai/events/5378-brazilian-currency-drops-against-the-us-dollar-ap-news.md) | -2.7% | +2.7% |
| USDBRL | 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) | +2.7% | +2.7% |
| USDBRL | 2019-05-14 | [Brazil's Real slides past 4.00 to the US dollar as China/US trade dispute escalates — MercoPress](https://feedsoft.ai/events/59265-brazil-s-real-slides-past-4-00-to-the-us-dollar-as-china-us-trade-dispute.md) | +3.4% | -3.0% |
| DXY | 2022-04-27 | [Brazilian real, Chilean peso steady against raging dollar \| Financial Post](https://feedsoft.ai/events/6862-brazilian-real-chilean-peso-steady-against-raging-dollar-financial-post.md) | +0.6% | -0.3% |
| DXY | 2020-02-21 | [Won expected to lose more ground against dollar - The Korea Times](https://feedsoft.ai/events/54823-won-expected-to-lose-more-ground-against-dollar-the-korea-times.md) | +0.1% | +6.7% |
| DXY | 2021-01-29 | [The peso loses 49.4 cents against the dollar in the week - Opportimes](https://feedsoft.ai/events/49360-the-peso-loses-49-4-cents-against-the-dollar-in-the-week-opportimes.md) | +0.7% | +0.7% |

## Sources

- en.mercopress.com: https://en.mercopress.com/2018/07/19/brazilian-real-and-argentine-peso-lose-ground-against-the-dollar

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