
Latin American currencies came off multi-year highs on Thursday as the dollar firmed after falling to a nine-month low the previous day. The Brazilian real rose after the central bank said it might hold interest rates at a six-year high for longer than expected.
The MSCI Latin American currencies index was up 0.6%, after touching its highest level since April 2018 earlier in the session.
A firmer dollar and central bank rate policy shape Brazilian real movements, which affect the competitiveness of Brazilian soybean and corn exports and therefore global feed grain prices. The move is a modest signal for 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 2.356 peristiwa makro bullish sebelumnya, Dolar AS (Luas) bergerak median +0,2% selama 5 sesi (60% lebih tinggi; separuh tengah -0,3% sampai +0,7%), dan +0,4% 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.