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The EUR/USD pair held near 1.0900 in a quiet holiday week as eurozone PMI readings improved from October but still showed contraction. Germany's Q3 GDP fell 0.1% and October producer prices dropped 11% year on year.
A stabilising euro and softer European wholesale prices point to little near-term change in the dollar's influence on dollar-priced feed commodities.
investing.comNov 27, 2023After 129 past neutral macro events, EURUSD moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% over 20.
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.
