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The euro hit a three-month high against the dollar on Nov 30 ahead of German consumer price data expected to show continued disinflation. The dollar fell on vaccine optimism and expectations of a dovish Federal Reserve.
A stronger euro and weaker dollar shape the ECB's stimulus outlook and the dollar-based pricing of imported commodities, though this is routine FX price commentary.
currencylive.comFiona CincottaNov 30, 2020Not enough comparable past events yet for a historical read.
Not 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.
