# Dollar today: Currency returns from holiday with US midterms, Copom on the radar

> The spot dollar closed the last session at R$5.4460 for sale, after the Brazilian market was closed for a holiday. US voters are casting ballots in midterm elections for all 435 House seats and 35 Senate seats, with polls pointing to a Democratic takeover of the House. Qatari mediators travelled to Tehran to discuss a deal with Iran, and oil prices fell more than 4% the previous day.

- Date: 2026-11-03 · published 2026-11-03T12:08:34.820Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/77530-dollar-today-currency-returns-from-holiday-with-us-midterms-copom-on-the-radar
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A stronger dollar against the real raises the cost of imported feed ingredients and fertilizers for Brazilian buyers. Lower oil prices on Iran peace hopes ease freight and energy costs, partly offsetting the currency effect.

## Read by commodity

- BRENT: bearish ▼
- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2016-11-16 | [Dollar bulls have room to run on Trump win, euro could reach parity with dollar](https://feedsoft.ai/events/9133-dollar-bulls-have-room-to-run-on-trump-win-euro-could-reach-parity-with-dollar.md) | -2.6% | -3.3% |
| 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 | 2018-10-04 | [Soaring US dollar threatens trouble for emerging markets \| Currencies \| The Guardian](https://feedsoft.ai/events/62719-soaring-us-dollar-threatens-trouble-for-emerging-markets-currencies-the-guardian.md) | -3.1% | -4.7% |
| 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% |
| BRENT | 2019-08-31 | [Rupee Vs Dollar: turmoil in both global equity and currency markets \| VARINDIA](https://feedsoft.ai/events/57858-rupee-vs-dollar-turmoil-in-both-global-equity-and-currency-markets-varindia.md) | +1.1% | +2.4% |
| BRENT | 2020-10-30 | [Commodity currencies slide on oil, dollar braces for election \| Financial Post](https://feedsoft.ai/events/50816-commodity-currencies-slide-on-oil-dollar-braces-for-election-financial-post.md) | +8.3% | +27.9% |
| BRENT | 2022-11-29 | [Ringgit retreats to open lower against US dollar \| Malay Mail](https://feedsoft.ai/events/38931-ringgit-retreats-to-open-lower-against-us-dollar-malay-mail.md) | -0.4% | +0.0% |

## Sources

- br.investing.com: https://br.investing.com/analysis/dolar-hoje-cambio-volta-do-feriado-com-midterms-nos-eua-copom-no-radar-200480487

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