# Latam currencies weaker with eyes on Fed; stocks edge up

> Latin American currencies weakened against the dollar on March 1 after U.S. inflation and factory data supported the greenback, though the dollar gave back some gains during Fed Chair Jerome Powell's Senate testimony. Regional stocks rose 0.58% after a February drop of over 4%, the largest monthly fall since November 2016.

- Date: 2018-03-01 · published 2018-03-01T12:00:00.000Z
- Category: macro · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/66187-latam-currencies-weaker-with-eyes-on-fed-stocks-edge-up
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A firmer dollar and weaker Latin American currencies can make South American feed grains and meal cheaper for dollar buyers, while rate-hike expectations add pressure on emerging market currencies. The effect on feed prices is indirect and modest.

## Read by commodity

- DXY: bullish ▲
- USDBRL: bullish ▲
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-06-29 | [Asian currencies edge lower as US dollar jumps on hawkish Fed](https://feedsoft.ai/events/35726-asian-currencies-edge-lower-as-us-dollar-jumps-on-hawkish-fed.md) | +0.4% | -1.2% |
| DXY | 2017-01-19 | [Stocks, currencies fall after Fed's Yellen signals rate hikes](https://feedsoft.ai/events/11875-stocks-currencies-fall-after-fed-s-yellen-signals-rate-hikes.md) | -0.4% | -1.5% |
| DXY | 2024-04-18 | [Dollar strength weighs on Latam FX; copper prices lift currencies of Peru, Chile - Finance Funds Update](https://feedsoft.ai/events/31046-dollar-strength-weighs-on-latam-fx-copper-prices-lift-currencies-of-peru-chile.md) | -0.1% | -1.4% |
| DXY | 2021-09-07 | [Latam currencies weaken as dollar firms, El Salvador's bitcoin adoption hits snags](https://feedsoft.ai/events/45336-latam-currencies-weaken-as-dollar-firms-el-salvador-s-bitcoin-adoption-hits.md) | +0.4% | +1.5% |
| DXY | 2018-08-30 | [Fresh Stress Grips Weakest Emerging-Market Currencies](https://feedsoft.ai/events/63696-fresh-stress-grips-weakest-emerging-market-currencies.md) | +0.9% | +0.3% |
| USDBRL | 2025-07-28 | [Latam FX weaken with focus on trade deals; Brazilian stocks slide — TradingView News](https://feedsoft.ai/events/23998-latam-fx-weaken-with-focus-on-trade-deals-brazilian-stocks-slide-tradingview.md) | -0.4% | -2.6% |
| USDBRL | 2022-11-17 | [Brazil's real, stocks slide after budget proposal; other EM currencies weak \| Financial Post](https://feedsoft.ai/events/38885-brazil-s-real-stocks-slide-after-budget-proposal-other-em-currencies-weak.md) | +0.7% | -0.5% |
| USDBRL | 2024-09-10 | [Emerging Currencies Weaken for Second Day as Stocks Halt Selloff - Bloomberg](https://feedsoft.ai/events/12465-emerging-currencies-weaken-for-second-day-as-stocks-halt-selloff-bloomberg.md) | -1.7% | -2.1% |

## Sources

- reuters.com: https://www.reuters.com/article/emerging-markets-latam/emerging-markets-latam-currencies-weaker-with-eyes-on-fed-stocks-edge-up-idUSL2N1QJ1G1/?feedName=companyNews&feedType=RSS

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