Dollar hits R$5.48 after Lula reelection and revised economic forecasts

After 301 past bullish macro events, USDBRL moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.7%), and +1.0% over 20.

• Oct 26, 2026Euro falls against dollar; Brazilian real tumbles after Lula election win+7.6%
• Oct 26, 2026Analysts forecast Brazil market plunge after Lula turnaround win By Reuters+7.6%
• Dec 18, 2024Dollar index hits two-year high after Fed delivers rate cut+1.3%
• Oct 31, 2022Brazil's real down after Lula wins presidential election; Bolsonaro yet to concede-5.8%
• Jun 28, 2018How a Rising U.S. Dollar Puts Argentina's and Brazil's Economies at Risk+1.8%

After 320 past bullish macro events, BRENT moved a median +0.8% over 5 sessions (58% higher; middle half -2.8% to +3.8%), and +1.3% over 20.

• Jun 30, 2017Canadian Dollar Exchange Rates Boosted As GDP Comes In On Forecast And Oil Boosts The CAD+2.3%
• May 11, 2021Commodity currencies hold advantage as dollar waits for inflation and Fed | Reuters+1.6%
• Sep 10, 2026South African rand slips as dollar, oil outweigh mixed economic data | MarketScreener Hong Kong+8.4%
• Jul 27, 2017FOMC Deflates Dollar Inflates Oil And Gold - ActionForex+3.4%
• Sep 14, 2026Dollar gains as Middle East conflict lifts oil, Fed hike looms By Reuters+0.3%