
The dollar gained 0.36% against the real, closing at R$5.5082. US employers added 165,000 jobs in October, well above expectations, strengthening the dollar and increasing the perceived likelihood of a Federal Reserve rate hike in December; investors also awaited clearer Brazilian fiscal policy signals.
Stronger US data and the prospect of higher US rates can draw capital toward dollar assets and weigh on the real. A weaker real can make imported feed and agricultural inputs more expensive in Brazil.
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.
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.
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.