# Latam stocks, FX slip after risk rally; Fed in focus | Financial Post

> Latin American stock indexes fell as investors took profits after a strong risk rally, and regional currencies weakened ahead of a two-day Federal Reserve meeting. Brazil's Bovespa and Colombia's COLCAP broke seven-session winning runs. Analysts were watching whether the Fed would sound cautious or reinforce the dovish tone.

- Date: 2020-06-09 · published 2020-06-09T12:00:00.000Z
- Category: market · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/7613-latam-stocks-fx-slip-after-risk-rally-fed-in-focus-financial-post
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Pre-Fed positioning drove short-term FX moves with no direct change in feed supply or demand. The story is routine market commentary with limited price impact on feed commodities.

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| USDBRL | 2020-06-17 | 5 | +7.5% | 2.9 | Profit-taking after the risk rally pushed Latam currencies lower on June 9 ahead of the Fed meeting, adding to BRL volatility via risk sentiment. |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/latam-stocks-fx-slip-after-risk-rally-fed-in-focus

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