# Dollar opens higher on market jitters, heads to R$5.50

> The US dollar opened higher against the Brazilian real on November 3, trading at R$5.48 by 10:20 and reaching R$5.50 later in the morning, up about 1.15%. Market sentiment soured after the defeat of Flávio Bolsonaro in the presidential election, and the central bank's Focus survey showed higher expectations for inflation, interest rates and the dollar, with lower growth forecasts.

- Date: 2026-11-03 · published 2026-11-03T15:58:03.787Z
- Category: macro · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/78049-dollar-opens-higher-on-market-jitters-heads-to-r-5-50
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker real raises the local-currency cost of imported feed ingredients and makes Brazilian soybean meal and corn exports more competitive on the world market. Investors are also watching the Copom meeting, where the Selic rate of 13.75% is expected to be held.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-12-18 | [Dollar index hits two-year high after Fed delivers rate cut](https://feedsoft.ai/events/26849-dollar-index-hits-two-year-high-after-fed-delivers-rate-cut.md) | +1.3% | -1.1% |
| USDBRL | 2022-11-10 | [EMERGING MARKETS-Brazil's real sinks 4%, other FX rally on dollar weakness](https://feedsoft.ai/events/38888-emerging-markets-brazil-s-real-sinks-4-other-fx-rally-on-dollar-weakness.md) | +6.0% | +1.7% |
| USDBRL | 2018-08-23 | [Here’s how Jackson Hole could impact the dollar, bonds and emerging markets - MarketWatch](https://feedsoft.ai/events/63695-here-s-how-jackson-hole-could-impact-the-dollar-bonds-and-emerging-markets.md) | +1.2% | +0.2% |
| USDBRL | 2024-04-16 | [Resurgent Dollar, Higher Yields Send EM Currencies to 2024 Lows - Bloomberg](https://feedsoft.ai/events/11278-resurgent-dollar-higher-yields-send-em-currencies-to-2024-lows-bloomberg.md) | +0.6% | -0.4% |
| USDBRL | 2024-05-31 | [Dollar surpasses R$ 5,25 as battle over Ptax rate overshadows international markets \| Brasil 247](https://feedsoft.ai/events/30474-dollar-surpasses-r-5-25-as-battle-over-ptax-rate-overshadows-international.md) | +1.0% | +6.8% |

## Sources

- metropoles.com: https://www.metropoles.com/brasil/dolar-nesta-terca-4

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