The Brazilian real traded above 5.15 per USD in June after the Banco Central do Brasil cut the Selic rate by 0.25 points to 14.25% and the Fed held rates at 3.50%-3.75% with a hawkish tone. The real later strengthened to 5.06 per USD in July, its highest in seven weeks, as carry-trade interest returned amid US-Iran hostilities.
Narrowing rate differentials and a firmer real change the cost of Brazilian-origin feed ingredients and export competitiveness for soybeans, meal and corn, with the currency swing feeding into Brazilian export pricing.
Setelah 213 peristiwa makro bearish sebelumnya, Real Brasil (BRL per USD) bergerak median -0,2% selama 5 sesi (46% lebih tinggi; separuh tengah -1,5% sampai +0,9%), dan +0,2% selama 20 sesi.
Setelah 73 peristiwa makro netral sebelumnya, Bungkil Kedelai bergerak median -0,3% selama 5 sesi (44% lebih tinggi; separuh tengah -1,9% sampai +2,1%), dan -1,6% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Dated on the move day, it describes the BCB's Selic cut to 14.25% and a hawkish Fed hold, which narrowed the rate differential and pushed BRL weaker above 5.15 per USD; the July strengthening detail is later and not relevant.