
The Brazilian real strengthened past the key 5-per-dollar level for the first time since July, extending its year-to-date gain to more than 11.4% and making it the world's best-performing currency this year. Investors are focusing on Brazil's high yields and cheap stocks despite political risks.
Traders are now watching 4.87 per dollar as the next resistance level.
A stronger real makes Brazilian exports more expensive in dollar terms and lowers the local-currency cost of imported inputs, which can ease pressure on Brazilian feed and meal prices. The move is currency-driven rather than a change in crop supply.
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.
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.