
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.
Na 213 eerdere neerwaarts macro-gebeurtenissen bewoog Braziliaanse real (BRL per USD) zich mediaan -0,2% over 5 sessies (46% hoger; middelste helft -1,5% tot +0,9%), en +0,2% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.