
Markets priced in a 50bp ECB hike at the Thursday decision, so the euro's reaction was expected to depend on President Lagarde's commentary. The piece noted resilient eurozone activity after a warm winter, with natural gas prices back near pre-war levels, while business surveys showed stagnation and inflation remained elevated.
Lower European gas prices and steady ECB tightening shape the euro's direction against the dollar, which in turn affects dollar-denominated commodity prices and import costs.
Tras 388 eventos alcista de macro pasados, Euro (USD por EUR) se movió una mediana de +0,3 % en 5 sesiones (62% al alza; mitad central entre -0,4 % y +1,1 %), y +0,1 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.