# CHF Ahead Of Further Weakness, BRL's Rally Is Complete - ActionForex

> The Brazilian real rallied more than 7% against the dollar over four weeks, with USD/BRL falling from 3.3485 to 3.1111 before stabilising near 3.1450. The move followed reduced odds of corruption charges against President Temer and Senate approval of a labour reform.

- Date: 2017-07-25 · published 2017-07-25T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/70168-chf-ahead-of-further-weakness-brl-s-rally-is-complete-actionforex
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A stronger real makes Brazilian grain and meal exports more expensive in dollar terms, which can support Brazilian-origin soybean and corn prices in USD while the currency trend persists.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2022-09-12 | [Latam currencies rally as dollar weakens ahead of U.S. inflation data](https://feedsoft.ai/events/39788-latam-currencies-rally-as-dollar-weakens-ahead-of-u-s-inflation-data.md) | +2.6% | +1.2% |
| USDBRL | 2021-12-08 | [Brazil's real rallies over 1% ahead of interest rate decision \| Financial Post](https://feedsoft.ai/events/43829-brazil-s-real-rallies-over-1-ahead-of-interest-rate-decision-financial-post.md) | +0.7% | +1.3% |
| USDBRL | 2021-08-27 | [Latam FX range bound on caution ahead of Powell speech - Markets - Business Recorder](https://feedsoft.ai/events/45832-latam-fx-range-bound-on-caution-ahead-of-powell-speech-markets-business-recorder.md) | -1.5% | +1.9% |
| USDBRL | 2024-10-31 | [Brazil's strong labor market fuels inflation fears ahead of expected rate hike](https://feedsoft.ai/events/28084-brazil-s-strong-labor-market-fuels-inflation-fears-ahead-of-expected-rate-hike.md) | -1.3% | +3.8% |
| USDBRL | 2026-06-18 | [BRL Weakens After BCB and Fed Rate Decisions](https://feedsoft.ai/events/10642-brl-weakens-after-bcb-and-fed-rate-decisions.md) | +2.2% | +1.0% |

## Sources

- actionforex.com: https://www.actionforex.com/contributors/fundamental-analysis/29203-chf-ahead-of-further-weakness-brl-s-rally-is-complete/

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