
The Brazilian real strengthened 21.5 percent in 2016, its biggest annual gain in seven years and the first gain after a five-year losing streak. The currency closed up 1 percent on Dec 29 at 3.2492 reais per dollar, with gains attributed to hopes that President Michel Temer would curb public spending after Dilma Rousseff's ouster.
A stronger real makes Brazilian soymeal, corn and DDGS cheaper in dollar terms for importers, which can support Brazilian export competitiveness less and weigh on Brazilian farm-gate returns. Continued real strength would be mildly bearish for Brazilian export prices in dollar terms.
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。