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EUR/USD posted its worst week since 2010 and broke a 35-year uptrend after positioning shifted from short to neutral. Germany announced plans to spend 600 billion euros to support its economy.
A technical break and German fiscal support shape near-term euro direction against the dollar. The price move affects import costs for euro-linked feed ingredients priced in dollars.
poundsterlinglive.comJames SkinnerMar 22, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
