# Economist who bet on the real’s appreciation changes his forecast

> Economist Robin Brooks, who previously argued that the Brazilian real could strengthen toward R$4.50 per dollar, said after Lula’s reelection that the exchange rate could instead move toward R$6.00. The dollar closed at R$5.5115 on November 6, its highest level against the real this year.

- Date: 2026-11-07 · published 2026-11-08T03:09:07.161Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/86917-economist-who-bet-on-the-real-s-appreciation-changes-his-forecast
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker real makes imported feed ingredients and other traded inputs more expensive in Brazil, while potentially improving export competitiveness. The article reflects heightened currency and political uncertainty rather than a direct change in commodity supply.

## Read by commodity

- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-08-05 | [Brazilian real depreciation stirs economic concerns](https://feedsoft.ai/events/11941-brazilian-real-depreciation-stirs-economic-concerns.md) | -3.9% | -2.0% |
| USDBRL | 2024-10-23 | [Market braces for pressure on Brazilian real as Trump’s chances rise](https://feedsoft.ai/events/28085-market-braces-for-pressure-on-brazilian-real-as-trump-s-chances-rise.md) | +0.6% | +1.4% |
| USDBRL | 2017-05-25 | [StanChart’s chief economist says these four currencies will move most on Fed shock](https://feedsoft.ai/events/70926-stanchart-s-chief-economist-says-these-four-currencies-will-move-most-on-fed.md) | -1.1% | +1.7% |
| USDBRL | 2024-07-15 | [Brazil: the real economy and markets - the quest for synchronicity](https://feedsoft.ai/events/29481-brazil-the-real-economy-and-markets-the-quest-for-synchronicity.md) | +1.9% | +1.0% |
| USDBRL | 2022-06-21 | [Further Weakening Of Brazilian Real!? FX Forecasts: USD To BRL, USD To MXN & USD/CLP \| ING Economics \| FXMAG.COM](https://feedsoft.ai/events/41150-further-weakening-of-brazilian-real-fx-forecasts-usd-to-brl-usd-to-mxn-and-usd.md) | +1.3% | +4.9% |

## Sources

- oantagonista.com.br: https://oantagonista.com.br/economia/economista-que-apostou-na-valorizacao-do-real-muda-prognostico/

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