The Charts: China Allows CNY to Rise Against the Dollar as the Greenback Advances Against Almost Everyone Else - Marc to Market Marc Chandler on Global FX and Capital Markets

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

• Aug 15, 2018Dollar Rises Against Emerging-Market Currencies - WSJ+2.8%
• Mar 19, 2020A global rush into the US dollar is driving extreme market moves and a temporary shortage-1.1%
• Jan 22, 2021Latam FX falls as dollar rises, Brazil real lags peers for the week - Markets - Business Recorder+0.4%
• Oct 23, 2024Market braces for pressure on Brazilian real as Trump’s chances rise+0.6%
• Apr 28, 2022Global shares rise as earnings boost, U.S. dollar hits 20-year high-0.2%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Sep 29, 2017Dollar's Gains Pared, but Set to Snap Six Month Losing Streak Against the Euro - Marc to Market Marc Chandler on Global FX and Capital Markets+0.3%
• Aug 1, 2019Mid-Course Correction Sends Greenback Higher - Marc to Market Marc Chandler on Global FX and Capital Markets+1.1%
• Nov 28, 2021The Dollar Moves Back to the Fulcrum between the Funding and Higher Beta Currencies - Marc to Market Marc Chandler on Global FX and Capital Markets-0.2%
• Oct 18, 2020Sterling and Yuan Resilience, While Rate Differentials Aid Dollar? - Marc to Market Marc Chandler on Global FX and Capital Markets-0.7%
• Nov 11, 2020Dollar rises again as markets adjust to vaccine hope and higher yields-0.5%