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The euro fell for a fourth week to a seven-week low of $1.1020 on January 24, 2020, closing down 0.6%. The dollar gained on coronavirus fears, and the market awaited German IFO and other eurozone data.
Dollar strength driven by safe-haven flows tends to pressure dollar-priced commodities. Euro-zone data may shift the currency pair later in the week.
currencylive.comFiona CincottaJan 27, 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.
