
The euro climbed to a three-month peak against the dollar on Tuesday after Germany's conservative and Social Democratic parties proposed a 500 billion euro infrastructure fund and borrowing rule changes to boost defense spending.
The German fiscal proposal lifts the euro and weakens the dollar, a combination that can support dollar-priced agricultural commodities through a currency effect on export competitiveness.
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.
Tras 1637 eventos bajista de macro pasados, Dólar estadounidense (amplio) se movió una mediana de -0,2 % en 5 sesiones (39% al alza; mitad central entre -0,6 % y +0,3 %), y -0,2 % 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.
The German debt reform proposal sent the euro to a three-month peak on March 4, starting the week's rally.
Euro rallied on German fiscal proposal on March 4, starting the dollar slide in the window.
The prior day's announcement of the German infrastructure fund and borrowing rule changes started the euro rally that continued into March 5.
The March 4 German fiscal proposal started the euro rally and dollar slide that carried into March 5.