
The dollar held gains against most currencies on 13 March as investors sought liquid assets amid the coronavirus panic. A blowout in swap spreads showed a shortage of dollars, and the Fed provided $1.5 trillion in short-term liquidity.
Italy effectively locked down the entire country.
Rising dollar demand and the Fed's liquidity response push the dollar higher against other currencies, which can weigh on dollar-priced commodities and raise import costs for non-US feed buyers.
Tras 2356 eventos alcista de macro pasados, Dólar estadounidense (amplio) se movió una mediana de +0,2 % en 5 sesiones (60% al alza; mitad central entre -0,3 % y +0,7 %), y +0,4 % en 20.
Tras 533 eventos bajista de macro pasados, Euro (USD por EUR) se movió una mediana de -0,3 % en 5 sesiones (33% al alza; mitad central entre -1,2 % y +0,2 %), y -0,5 % 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.
On 13 March the dollar kept gaining as a swap-spread blowout showed a dollar shortage and investors sought liquid assets, which added to the pressure on the euro within the window.
On 13 March the dollar kept its gains as a dollar shortage showed up in blown-out swap spreads, which began the dollar-funding squeeze that weighed on the euro in the days before 17 March.