# Ibovespa tries to extend gains, but Vale and Petrobras weigh; dollar rises more than 1%

> Brazil’s Ibovespa edged up around midday, supported by bank shares but held back by declines in Vale and Petrobras. The dollar rose 1.24% to R$5.574, while Brent fell below $90 a barrel amid signs of easing US-Iran tensions.

- Date: 2026-11-10 · published 2026-11-10T15:12:52.926Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/91936-ibovespa-tries-to-extend-gains-but-vale-and-petrobras-weigh-dollar-rises-more
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The stronger dollar can raise the cost of imported feed and fertilizer inputs in Brazil. Lower crude prices may ease energy-related costs, though the article reports no direct change in agricultural commodity supply.

## Read by commodity

- BRENT: bearish ▼
- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2024-09-23 | [Dollar rises more than 1% at the start of a week marked by inflation data in Brazil and the US \| Brasil 247](https://feedsoft.ai/events/28517-dollar-rises-more-than-1-at-the-start-of-a-week-marked-by-inflation-data-in.md) | -1.1% | +3.9% |
| USDBRL | 2025-12-01 | [Dollar closes higher against the real, bucking the trend abroad \| Brasil 247](https://feedsoft.ai/events/8062-dollar-closes-higher-against-the-real-bucking-the-trend-abroad-brasil-247.md) | +1.3% | +4.5% |
| USDBRL | 2024-11-29 | [What is happening to BRL as the Brazilian Real collapses against the US Dollar](https://feedsoft.ai/events/27617-what-is-happening-to-brl-as-the-brazilian-real-collapses-against-the-us-dollar.md) | +1.7% | +5.6% |
| USDBRL | 2018-08-15 | [Dollar Rises Against Emerging-Market Currencies  - WSJ](https://feedsoft.ai/events/12515-dollar-rises-against-emerging-market-currencies-wsj.md) | +2.8% | +6.5% |
| USDBRL | 2018-07-19 | [Brazilian Real and Argentine Peso lose ground against the dollar — MercoPress](https://feedsoft.ai/events/64233-brazilian-real-and-argentine-peso-lose-ground-against-the-dollar-mercopress.md) | -3.5% | +1.9% |
| BRENT | 2020-03-26 | [Oil sheds more than $1 as weakening demand outweighs stimulus hopes](https://feedsoft.ai/events/5326-oil-sheds-more-than-1-as-weakening-demand-outweighs-stimulus-hopes.md) | -27.4% | -32.3% |
| BRENT | 2018-12-01 | [Rupee gains past 70 a dollar for first time in 3 months: 5 things to know](https://feedsoft.ai/events/62320-rupee-gains-past-70-a-dollar-for-first-time-in-3-months-5-things-to-know.md) | +6.0% | -10.4% |
| BRENT | 2021-11-30 | [Canadian dollar dips as Omicron variant concerns offset GDP gain - The Globe and Mail](https://feedsoft.ai/events/44264-canadian-dollar-dips-as-omicron-variant-concerns-offset-gdp-gain-the-globe-and.md) | -0.2% | +4.8% |

## Sources

- exame.com: https://exame.com/invest/mercados/ibovespa-tenta-emplacar-nova-alta-mas-vale-e-petrobras-pesam-dolar-sobe-mais-de-1/

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