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EUR/USD recovered from a one-month low as the dollar lost ground across the board. The dollar index traded near 93.77 and the yuan gained against the dollar.
German and eurozone GDP data were scheduled for release.
A weaker dollar can support dollar-priced commodity prices and improve import demand from non-dollar buyers. The move is a routine currency fluctuation.
octaafrica.netOct 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.
