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The dollar rose globally after Democrats' midterm victory, which hit President Trump, and traded mixed against the real after the central bank kept the Selic at 13.75%. The real had lost ground the previous day, closing near R$5.45 against the dollar.
A stronger dollar against the real raises the cost of dollar-priced feed imports into Brazil. Traders are watching both US political outcomes and Brazil's fiscal signals.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.