
The euro fell below $1.10 for the first time in almost two years and hit a seven-year low against the Swiss franc. Russian forces seized Europe's largest nuclear power plant after a building at the complex caught fire.
Analysts said the war and surging energy prices would weigh on European consumption and growth.
Higher European energy costs and weaker growth expectations pressure the euro, which lifts the dollar and makes US-priced feed inputs cheaper for euro-based buyers while raising the cost of imported energy-linked inputs.
Tras 36 eventos bajista de geopolítica pasados, Euro (USD por EUR) se movió una mediana de -1,0 % en 5 sesiones (22% al alza; mitad central entre -1,8 % y -0,3 %), y -0,7 % en 20.
Tras 89 eventos alcista de geopolítica pasados, Dólar estadounidense (amplio) se movió una mediana de +0,5 % en 5 sesiones (74% al alza; mitad central entre -0,0 % y +1,0 %), y +0,3 % 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.
Euro broke below $1.10 on 2022-03-04 as the war and surging energy prices were expected to hurt European growth and consumption, a sentiment and currency driver within the window.
Euro dropped below $1.10 on March 4 amid war and energy-price fears; euro is the largest component of the broad dollar index, so its weakness lifted the dollar.