Brazil: How higher for how longer?

Após 301 eventos altista de macro passados, Real brasileiro (BRL por USD) subiu em mediana +0,4% em 5 sessões (57% de alta; metade central de -1,2% a +1,7%), e +1,0% em 20.

• 2 de out. de 2017Brazilian assets: highly driven by global developments - Rabobank — Octa-0,2%
• 18 de jul. de 2018Brazil: Presidential race about to start - Rabobank - Forex Crunch-3,2%
• 30 de jul. de 2019Brazil: BCB to ease - TDS — Octa+4,1%
• 30 de out. de 2019Brazil: BCB to cut rates by 50bps – TDS — Octa-0,1%
• 1 de out. de 2026Brazilian Real: Exchange rate seen weaker into year-end – Rabobank-3,5%

Após 2.356 eventos altista de macro passados, Dólar americano (amplo) subiu em mediana +0,2% em 5 sessões (60% de alta; metade central de -0,3% a +0,7%), e +0,4% em 20.

• 15 de dez. de 2022Gold broods over Fed's higher-for-longer rate hike stance+0,4%
• 21 de set. de 2023Gold retreats on Fed's higher-for-longer stance+1,7%
• 20 de set. de 2023Oil prices ease 1% after US Fed warns of higher rates for longer+1,1%
• 24 de fev. de 2023Dollar steady on higher-for-longer rates outlook; yen volatile | Financial Post+0,0%
• 31 de out. de 2022USD/CAD: Risk appetite to be challenging for a while longer, weighing on the loonie – HSBC — Octa-0,1%