# Dollar Falls After US Elections and Before Copom

> The Brazilian dollar closed down 0.64% at R$5.451 on Wednesday, tracking a weaker US dollar after Democrats won the US midterm elections. The Ibovespa rose more than 1% and the DXY fell 0.2% to 101.52, while Brent dropped 8.67% to $94.62. The market closed before the central bank announced it would hold the Selic at 13.75%.

- Date: 2026-11-04 · published 2026-11-05T00:08:45.715Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/80663-dollar-falls-after-us-elections-and-before-copom
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A softer dollar and lower oil reduce pressure on Brazilian import costs, though the Selic hold and fiscal concerns limit how far the real can rally. Feed buyers importing inputs priced in dollars may see slightly lower costs.

## Read by commodity

- DXY: bearish ▼
- BRENT: bearish ▼
- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-09-26 | [Dollar falls against real after China signals more economic stimulus \| Brasil 247](https://feedsoft.ai/events/28516-dollar-falls-against-real-after-china-signals-more-economic-stimulus-brasil-247.md) | -0.8% | +4.1% |
| USDBRL | 2020-11-03 | [Latam FX, stocks rally as dollar dogged by election jitters](https://feedsoft.ai/events/50344-latam-fx-stocks-rally-as-dollar-dogged-by-election-jitters.md) | -6.5% | -10.8% |
| USDBRL | 2024-08-06 | [Dollar closes lower amid external relief and Copom minutes \| Brasil 247](https://feedsoft.ai/events/11947-dollar-closes-lower-amid-external-relief-and-copom-minutes-brasil-247.md) | -4.2% | -1.7% |
| 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 | 2024-09-18 | [Dollar falls for the 6th session against the real after larger interest rate cut by the Fed \| Brasil 247](https://feedsoft.ai/events/12466-dollar-falls-for-the-6th-session-against-the-real-after-larger-interest-rate.md) | -0.6% | +2.9% |
| DXY | 2025-03-04 | [Euro gains after German debt reform; US dollar falls](https://feedsoft.ai/events/5800-euro-gains-after-german-debt-reform-us-dollar-falls.md) | -1.2% | -0.8% |
| DXY | 2021-07-29 | [Dollar Falls Broadly after Fed, Q2 GDP Next - ActionForex](https://feedsoft.ai/events/46247-dollar-falls-broadly-after-fed-q2-gdp-next-actionforex.md) | -0.3% | +0.4% |
| DXY | 2023-03-16 | [Euro rises, dollar falls after ECB rate decision](https://feedsoft.ai/events/10083-euro-rises-dollar-falls-after-ecb-rate-decision.md) | -1.2% | -2.5% |

## Sources

- bmcnews.com.br: https://bmcnews.com.br/economia/dolar-cai-a-r-545-apos-eleicoes-nos-eua-e-antes-do-copom/

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