# With Democrats Winning in the US, Dollar Opens Lower in Brazil

> The Brazilian real strengthened at the open after Democrats were confirmed as winners of the US midterms, with the dollar down 0.20% at R$5.475. The dollar had closed up 0.70% the previous day at R$5.486, its highest level since December 2025. Markets expect the central bank to hold the Selic rate at 13.75% at its meeting that day.

- Date: 2026-11-04 · published 2026-11-04T18:08:56.974Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/80075-with-democrats-winning-in-the-us-dollar-opens-lower-in-brazil
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A firmer real lowers the cost of imported inputs such as corn and soymeal for Brazilian feed buyers. Rising inflation expectations and a possible rate hold, however, keep domestic financing costs high.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2025-09-26 | [Dollar weakens against the real after US inflation data \| Brasil 247](https://feedsoft.ai/events/23088-dollar-weakens-against-the-real-after-us-inflation-data-brasil-247.md) | +0.4% | +0.7% |
| USDBRL | 2019-06-17 | [FX Talking: The beginning of the end of the dollar’s rally \| reports \| ING THINK](https://feedsoft.ai/events/9810-fx-talking-the-beginning-of-the-end-of-the-dollar-s-rally-reports-ing-think.md) | -1.9% | -3.7% |
| USDBRL | 2018-12-04 | [Brazil stocks gain; real firms as U.S. dollar weakens](https://feedsoft.ai/events/61764-brazil-stocks-gain-real-firms-as-u-s-dollar-weakens.md) | +2.1% | -3.1% |
| USDBRL | 2018-09-28 | [Brazilian currency strengthens below 4 to the dollar: first time in five weeks — MercoPress](https://feedsoft.ai/events/63259-brazilian-currency-strengthens-below-4-to-the-dollar-first-time-in-five-weeks.md) | -1.8% | -8.2% |
| USDBRL | 2023-04-11 | [Strong dollar inflows support Brazilian real](https://feedsoft.ai/events/36624-strong-dollar-inflows-support-brazilian-real.md) | -2.7% | -1.8% |

## Sources

- bemparana.com.br: https://www.bemparana.com.br/noticias/economia/com-vitoria-dos-democratas-nos-eua-dolar-abre-em-queda-no-brasil/

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