# Dollar sees sharpest spike in 13 months - ANBA News Agency

> The US dollar closed at BRL 3.812 on June 14, up 2.64%, its sharpest daily rise in 13 months. The move followed news that the European Central Bank would end its bond purchase programme at the end of 2018. It also came as the Brazilian Central Bank ended its USD 20 billion swap auctions, which had been designed to curb the dollar's rise.

- Date: 2018-06-14 · published 2018-06-14T12:00:00.000Z
- Category: macro · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/64741-dollar-sees-sharpest-spike-in-13-months-anba-news-agency
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A sharp weakening of the real raises the dollar cost of Brazilian feed imports and can make Brazilian soybean and corn exports more competitive, shifting global feed trade flows and prices.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2018-06-29 | [Dollar gained 17% in first half - ANBA News Agency](https://feedsoft.ai/events/64738-dollar-gained-17-in-first-half-anba-news-agency.md) | +1.3% | -3.7% |
| USDBRL | 2018-08-13 | [Turkish crisis drives up dollar in Brazil - ANBA News Agency](https://feedsoft.ai/events/9469-turkish-crisis-drives-up-dollar-in-brazil-anba-news-agency.md) | +2.2% | +6.6% |
| USDBRL | 2018-07-30 | [Dollar kicks off the week with a 0.33% hike - ANBA News Agency](https://feedsoft.ai/events/64231-dollar-kicks-off-the-week-with-a-0-33-hike-anba-news-agency.md) | -0.0% | +10.3% |
| USDBRL | 2018-08-22 | [Dollar enters sixth day on upward streak - ANBA News Agency](https://feedsoft.ai/events/12513-dollar-enters-sixth-day-on-upward-streak-anba-news-agency.md) | +3.3% | +3.0% |
| 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% |

## Sources

- anba.com.br: https://anba.com.br/en/dollar-sees-sharpest-spike-13-months/

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