
The dollar closed Friday at R$5.511, up 0.44%, while Brazil’s Ibovespa rose 1.39%. US employment added 165,000 jobs, above the 65,000 expected, strengthening the dollar and shifting expectations for US interest rates; the DXY gained 0.76%.
Stronger US employment and rate expectations supported the dollar, lifting the USDBRL exchange rate and the broad dollar index. A stronger dollar can raise the Brazilian-currency cost of imported feed and agricultural inputs.
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.