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The euro edged higher to $1.1825 ahead of an expected European Central Bank decision to trim its bond-buying pace. The dollar index held near 92.6 after three days of gains, as global growth worries drove traders toward safer currencies.
Currency moves here are driven by ECB policy and risk sentiment, which affect the dollar and dollar-priced commodity values. Feed buyers should see only a marginal effect.
brecorder.comReutersSep 9, 2021After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.
After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), 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.
