◂ Event Timeline

Nov 12, 2026MACROBrazil

Dollar advances on poor external sentiment and poor reception of fiscal package

The dollar rose against the real in early trading on November 12, driven by broad US dollar strength versus emerging currencies and skepticism about Brazil's fiscal adjustment package. The real was the worst performer of the day.

WHY IT MATTERS

A weaker real can lift the cost of imported inputs for Brazilian feed producers while supporting Brazilian export competitiveness in soy and corn.

AFFECTSBrazilian Real (BRL per USD)▲

SOURCE
valor.globo.comGabriel CaldeiraNov 12, 2026

Price reaction & history

Brazilian Real (BRL per USD)▲bullish

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.

Dec 23, 2025Real slides on election fears, seasonal dollar outflows-1.4%
Mar 20, 2020Dollar rampage spurs FX interventions, speculation of big G7 move-3.0%
Feb 25, 2025Analysis: Exchange rate caught between external factors and fiscal risks+2.7%
Jul 28, 2025Dollar approaches R$5,60 again, driven by external factors after agreement between the US and EU | Brasil 247-0.4%
Aug 30, 2024Brazil Real Swings on Fiscal Woes, Central Bank Interventions-0.8%

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.

Brazilian Real (BRL per USD) USDBRL · GP ▸

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