
The Brazilian real weakened as much as 2% to 3.78 per dollar, its weakest since March 2016, as a global emerging market selloff led investors to unwind bets on stronger EM currencies. The currency fell for a sixth straight day despite increased central bank intervention, and had lost 11.3% since the start of the year.
Rising US bond yields, driven by expectations of Fed rate hikes, were pulling capital out of higher-yielding emerging markets.
A weaker real lowers the dollar cost of Brazilian soybeans, corn and meal, which tends to pressure world feed grain and meal prices while encouraging Brazilian export selling. Feed importers may benefit from cheaper Brazilian origin, but volatility adds hedging costs.
301 geçmiş yükseliş yanlı makro olayları olayından sonra, Brezilya reali (USD başına BRL) 5 seansta medyan +%0,4 hareket etti (%57 daha yüksek; orta yarı %-1,2 ile +%1,7 arası) ve 20 seansta +%1,0.
Her emtianın referansının olaydan önceki son kapanışa göre hareketi. Geçmiş okumalar aynı türdeki geçmiş olayları birleştirir; neyin olduğunu anlatır, neyin olacağını değil. Yatırım tavsiyesi değildir.
Directly describes the real's slump to 3.78 per dollar on 2018-05-18 for a sixth straight day despite central bank intervention, as an EM selloff and rising US yields drove capital out, which is the move in question.