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EUR/USD rebounded to around 1.1300 after recent yearly lows in the 1.11s. Commentators said the euro would stay under pressure because the ECB is unlikely to start normalising rates in 2019 and core inflation and growth remain weak.
Persistent euro weakness raises the dollar cost of feed commodities for European buyers, while a temporary rebound offers little relief.
poundsterlinglive.comMar 13, 2019Not 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.
