
Foreign investors cut their long dollar futures positions in Brazil by $7.6 billion over two weeks, to $19.7 billion, the lowest since October 31. The real had appreciated 2.21% year to date even as the dollar gained against it that Friday, closing at R$5.45 per dollar.
Analysts said the trend could reverse as the presidential election approaches.
A stronger real lowers the local cost of dollar-priced imports and can ease pressure on Brazilian feed input costs. Reduced foreign dollar bets point to a firmer currency, which can weigh on Brazilian export competitiveness for soy and corn.
過去の弱気なマクロイベント213件の後、ブラジルレアル(1 USDあたりBRL) は5営業日で中央値 -0.2% 動き(46% が上昇。中央50%は -1.5% から +0.9%)、20営業日では +0.2% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。