# Dollar rises near R$5.50 after holiday; Copom and US elections pressure market

> The US dollar opened November higher against the Brazilian real, touching above R$5.51 before easing to about R$5.48 on Tuesday, up roughly 0.7%. The Ibovespa index fell about 1.5%. Investors are awaiting the Copom interest rate decision due Wednesday and watching US midterm elections and signals on Lula's incoming economic team.

- Date: 2026-11-03 · published 2026-11-03T18:57:26.459Z
- Category: macro · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/78331-dollar-rises-near-r-5-50-after-holiday-copom-and-us-elections-pressure-market
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker real raises the cost of imported feed inputs priced in dollars for Brazilian buyers and can encourage Brazilian exporters to sell soybeans, corn and meal, adding pressure on prices. Rate expectations from the Copom decision could further move the currency.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2018-08-15 | [Dollar Rises Against Emerging-Market Currencies  - WSJ](https://feedsoft.ai/events/12515-dollar-rises-against-emerging-market-currencies-wsj.md) | +2.8% | +6.5% |
| USDBRL | 2024-09-23 | [Dollar rises more than 1% at the start of a week marked by inflation data in Brazil and the US \| Brasil 247](https://feedsoft.ai/events/28517-dollar-rises-more-than-1-at-the-start-of-a-week-marked-by-inflation-data-in.md) | -1.1% | +3.9% |
| USDBRL | 2026-10-01 | [Brazilian Real Under Pressure Ahead of Election](https://feedsoft.ai/events/4935-brazilian-real-under-pressure-ahead-of-election.md) | -3.5% | +4.1% |
| USDBRL | 2024-10-23 | [Market braces for pressure on Brazilian real as Trump’s chances rise](https://feedsoft.ai/events/28085-market-braces-for-pressure-on-brazilian-real-as-trump-s-chances-rise.md) | +0.6% | +1.4% |
| USDBRL | 2018-02-02 | [Signs of Firming U.S. Inflation Put Emerging Market Currencies Under Pressure](https://feedsoft.ai/events/66723-signs-of-firming-u-s-inflation-put-emerging-market-currencies-under-pressure.md) | +3.7% | +2.5% |

## Sources

- portaldoagronegocio.com.br: https://www.portaldoagronegocio.com.br/economia/mercado-financeiro/noticias/dolar-sobe-perto-de-r-5-50-apos-feriado-copom-e-eleicoes-nos-eua-pressionam-mercado

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