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EUR/USD approached the 1.1900 area in mid-November, close to a two-month high, as coronavirus vaccine hopes lifted the euro. Analysts saw resistance near 1.1910 to 1.1930 and said sharp dollar losses would be needed to push the pair above 1.2000.
A firmer euro against the dollar is a routine currency move that marginally lowers dollar-priced commodity costs for euro-based feed buyers.
exchangerates.org.ukTim ClaytonNov 18, 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.
