
Latin American currencies traded unevenly on Monday as the US dollar weakened globally, while regional stock markets mostly rose with Wall Street. The dollar’s decline followed lower oil prices and improved market sentiment, with investors also watching upcoming US inflation data and the Federal Reserve’s rate outlook.
A broadly weaker dollar can ease the local-currency cost of imported feed and other commodities, but mixed regional exchange-rate moves leave the impact uneven.
Not enough comparable past events yet for a historical read.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.