Real underperforms as dollar gains 0.51%, oil above $100 fuels caution

The Brazilian real weakened 0.51% against the dollar, the worst performer among 33 currencies, as oil prices above $100 heightened global risk aversion. Operators attribute the move to an adjustment after recent appreciation tied to a tighter electoral scenario, with external conditions adding pressure. The depreciation signals continued vulnerability to commodity price shocks and domestic political uncertainty.