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The article reviews the ECB's quantitative easing program from 2015 to 2018, noting the euro has risen on a trade-weighted basis since 2016 on stronger economic growth. Policymakers have been concerned that a firm currency dampens price pressures.
Background on euro strength and monetary policy helps frame currency-driven shifts in import costs and dollar-denominated commodity prices, but offers no new market driver.
reuters.comRitvik Carvalho, Dhara RanasingheDec 12, 2018After 1,108 past macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (46% higher; middle half -0.7% to +0.6%), and -0.3% over 20.
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.
